BID Group acquires saw and tooling supplier YGE Inc

by | Dec 18, 2023 | Industry News

BID Group has successfully completed its acquisition of YGE Inc. It says that this strategic transaction further enhances BID’s product offering within the wood processing saw and tooling sector, while also extending BID’s product and service offerings across the entire operational life cycle.

YGE Inc is an innovative supplier and service provider specializing in top-tier saw guides, grinders, and critical consumables catering to the wood processing industry.

Located in St. Raymond, Quebec, YGE is said to be a trusted partner, having forged strong bonds with BID’s product lines, projects, and manufacturing facilities across North America.

“We are excited to reach this agreement with our longtime partners YGE and the Guillemette family,” says Simon Potvin, BID’s President, Wood Processing. “This marks another important step in meeting our valued customer demand for modern, high quality and innovative saw and tooling technology solutions.

“This partnership builds on previous investments in Smith Sawmill Services, BLADE cutting tools, and the recently announced acquisition of Industrial Cutting Solutions in Alabama,” added Potvin.

www.bidgroup.ca

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