1/6
The story of SBI – Stove Builder International Inc. – began in 1875 with the creation of F.X. Drolet inc., a Quebec-based company which became active in several areas, including foundry work and the manufacture of elevators. It was only much later, in 1978, that it began making stoves and fireplaces. During the 1980s, the company sold off several divisions and in 1988 it changed ownership. By this time, F.X. Drolet was specializing solely in the manufacture of stoves, fireplaces and other custom-made metal products. It became insolvent in 1996.
The assets of F.X. Drolet were thereupon bought by a group of investors headed by Mr. Rolland Veilleux. The new business was incorporated under the name Drolet Stoves & Fireplaces Inc. In mid-1999, the shareholders decided to sell a majority stake in the business to the Cantin family, which was looking for an investment opportunity in manufacturing, especially one that would allow it to take on a more active role in the day-to-day management of operations.
« Back | Next »

|
|