Ficodis acquires mining hydraulic & power transmission specialist IBS-TUBOQUIP – International Mining

Canadian company Ficodis has announced the arrival of a new player in its team with the acquisition of IBS-TUBOQUIP. With four points of sales located in Val-d’Or, Rouyn-Nora, Blainville Saint-Leonard in Montreal, IBS-TUBOQUIP specialises in the distribution of power transmission supply oils lubricants has a large customer base in the mining industry.

“The arrival of IBS-TUBOQUIP within the group gives us access to the mining industry market, a growing sector in Canada, while consolidating our expertise in power transmission, said Christophe Bévillard, President of Ficodis Group. In addition to being well established in the Montreal area, the company already serves the majority of mining sites in Quebec, including gold lithium mines. It is strategic for Ficodis to position itself advantageously in this industry as metals are at the core of the Quebec governement’s electrification of transportation strategy.”

Founded in Val-d’Or in 1966, IBS-TUBOQUIP has about sixty employees in its four branches. Still directed by its Founder’s sons, Pierre Louis LaRocque, the company specialises in the distribution of industrial hydraulic power transmission equipment. Pierre LaRocque will remain as President.

“I have known Christophe Bévillard for several years now it is with the utmost confidence that I am hing over the management of IBS-TUBOQUIP to him, said Pierre LaRocque, President of IBS TUBOQUIP. Ficodis is a company that shares the values that are dear to our team