Foresbec Inc. and Société Industrielle Ober have entered into an agreement whereby Foresbec has acquired the majority of the shares of Noblebois, a hardwood products distributor located in the West of France. The balance of the shares will be acquired by Noblebois’ management.

Noblebois distributes in France hardwood lumber from North America, hardwood veneer from Europe, Africa and North America and staves for the products of wine barrels. It operates two facilities in the West of France, located in Montaigu and Baignes.

Foresbec Inc., whose head office is in Drummondville, Quebec, is a world leader in the manufacturing and marketing of premium quality North-American hardwood products. Foresbec is a wholly owned subsidiary of The PENROD Company, a diversified distribution company headquartered in Virginia Beach, Virginia (USA). The Penrod Company distributes wood components used in the hardwood plywood and furniture industries, as well as various metal products used in the North American construction industry.

Noblebois will continue to operate under existing management and employees. Senior Noblebois’ managers are: Bernard Chalayer, President; Jacky Gauthier, Operations Manager, Montaigu; and Alain Noualet, Operations Manager, Baignes.

Through this acquisition, Foresbec will continue its growth by better serving the European market with quality forest products.

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The Penrod Company
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phone 757-498-0186 • fax 757-498-1075

From its inception in 1888 as a manufacturer of forest products, Penrod has grown to be one of the world’s largest suppliers of forest products, metal and PVC products for the residential and commercial construction markets. With offices in every major region around the globe, distribution centers on most continents, and an efficient trade network, we are an international leader in the industries we service. Penrod is proud to embrace the concept of sustainable forestry as an essential element to our success as a company and as a solidly compliant, responsible global citizen.

The Penrod Company • All Rights Reserved ©1888–Red Chalk Studios

The Penrod Company • All Rights Reserved ©1888–Red Chalk Studios