Canada-based specialty hardware and complementary products manufacturer and distributor Richelieu continues its expansion strategy by making a trio of acquisitions in the second quarter.

Richelieu announced it acquired Quebec-based Fini U.V. International Inc. (Finium) on May 1, Distributions Air-Cube Inc. (Solutions Acoustiques) in the Greater Montreal Area on June 26 and Winnec Inc. (Winnec) in the Greater Toronto Area on July 8.

“These three recent acquisitions represent $27 million in additional annual sales, while bringing valuable market expertise, new customers and future synergies through specialized products that complement our diversified offering,” Richelieu officials said in a July 9 news release.

The deals follow the addition of three McKillican American distribution centers in the U.S. Pacific Northwest earlier this year. The acquisitions so far in fiscal 2026 are expected to add $45 million in annual sales, according to Richelieu officials.

“The current economic environment is … creating attractive acquisition opportunities in our target markets,” Richelieu CEO and President Richard Lord said. “We continue to evaluate several opportunities and remain well positioned to pursue those that meet our strategic criteria and contribute to our long-term growth.”

About the Acquisitions

• Acquired May 1: Finium is a distributor and manufacturer based in Frampton, Quebec, specializing in premium decorative and acoustic wall covering panels for residential and commercial applications.
• Acquired June 26: Solutions Acoustiques operates in the Greater Montreal Area as a specialized distributor of standard and premium acoustic products recognized for their performance and architectural design.
• Acquired July 8: Winnec is a a specialized hardware distributor operating three distribution centers in the Greater Toronto Area.

The additions will strengthen the company’s offerings in decorative and acoustic solutions— two fast-growing market segments, according to Richelieu—while further expanding its presence among architects and designers across North America.

Over the coming periods, Richelieu will integrate these new operations while continuing to execute its strategy of innovation and expansion across the North American market.

Earnings

Richelieu reported fiscal second-quarter (ended May 31) sales of $532.1 million, up 3.9% year-over-year, driven by 1.8% organic growth and a 2.1% contribution from acquisitions. Canadian sales rose 5.5%, while U.S. sales increased 4.4% in U.S. dollars, led primarily by growth among manufacturer customers. Overall sales to manufacturers increased 3.8%, while retailer sales rose 4.2%.

The company reported EBITDA of $56.1 million, up 1.7% from a year earlier, with an EBITDA margin of 10.6%. Richelieu officials said tariffs increased both sales and cost of goods sold proportionally, preserving gross profit dollars while slightly reducing margin percentage.

For the first six months of fiscal 2026, the company reported sales of $995.6 million, up 4.4%, with acquisitions contributing 2.5% of growth and organic growth accounting for 1.9%.