“This is a historic event for everyone at Weston Forest,” said Steve Rhone, President, Weston Forest. “Our partnership with the Watermill Group will give us the strategic expertise and financial resources we need to help us enter the next phase of our growth. Watermill’s culture and values are an excellent fit with ours, and this strategic move will allow us to continue to offer a diverse range of products and services to our customers and suppliers, while providing more opportunity to our employees.” The Weston Forest executive team remains heavily invested in the company.
Weston Forest operates several facilities across eastern Canada and the United States, providing products and services that are essential to commercial and residential construction as well as the production and shipment of industrial goods. Customers and suppliers of Weston benefit from the company’s diverse business model and concentration on niche markets, which has helped insulate Weston Forest from the usual impacts of commodity cycles and economic swings. The company’s reliability and collaborative and committed corporate culture fuels its brand promise: “YOU’LL LOVE DOING BUSINESS WITH US”.(Source:Business Wire)