Groupe BMR is now one of its wholly-owned subsidiaries, joining Olymel, Agrico, Agronomy and Sonic Energy as part of La Coop’s larger family.
This union allows two significant Quebec leaders to keep on leveraging local talent to offer our members and consumers the opportunity to procure the products they need close to home, in their community, at competitive prices.
Founded in 1967, BMR is a group of independent merchants who today operate 250 renovation centres and hardware stores in Québec, Ontario, the Atlantic provinces and on the islands of Saint-Pierre & Miquelon.
BMR retail sales are over $1.4 billion annually and some 5,000 people work in the stores that fly the BMR banner.
Started by agricultural producers and local entrepreneurs, Unimat is a banner of La Coop fédérée.
Flying the Co-op banner since 1977, La Coop fédérée modernized its image by founding the Unimat banner in 2003. Today there are 99 Unimat hardware stores and renovation centres in Quebec, Ontario and in the Atlantic provinces and 2,500 employees are proud to be working here.
With its BMR and Unimat banners, La Coop fédérée becomes the second largest player in Quebec’s hardware sector.
• 350 hardware stores & renovation centres
• 7,500 employees
• Present in 5 Canadian provinces
Our objective is to build on our respective strengths to increase our ability to contend in a sector of activity that is highly competitive.
La Coop fédérée & Groupe BMR confirm that discussions are underway on the subject of an eventual commercial agreement
La Coop fédérée buys a minority stake in Groupe BMR
Groupe BMR becomes a wholly-owned subsidiary of La Coop fédérée
The objectives of the partnership between La Coop fédérée and BMR are to become positioned for the future by consolidating our presence in the industry. By becoming associated together we will become stronger in order to face the competition. We will be able to benefit from competitive advantages in achieving a critical mass and building on our respective strengths. This good news for consumers and for Quebec’s economy!
Yes. The BMR and Unimat banners are here to stay. Each has their own respective strengths of which we are very proud.
This is a totally new partnership. We are currently in a transition phase and are working to position each brand. For each, our priority will always be to respond to our customers needs to ensure that when they leave the store, whether from a Unimat or a BMR one, they are completely satisfied.
Yes, and he is someone we are very proud of.
No, as with Olymel, it will be a subsidiary of La Coop fédérée and not a cooperative. Simply put, it will be owned by a cooperative.