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Group Cabico Acquires Elmwood COATICOOK, QC/ST. CATHARINES, ON — Group Cabico Inc., a Canadian manufacturer of custom cabinetry, has announced that it has acquired The Elmwood Group Limited, a privately held manufacturer of custom kitchen and bath cabine- try. The transaction also includes the purchase of Maplecraft Doors Limited, an Ontario-based man- ufacturer of cabinet doors. The E l mwo o d a c q u i s i t i o n b r i n g s Cabico's combined sales to over $100,000,000, making it the largest privately held custom cabi- netry manufacturer in Canada, and the third largest in North America. The transaction brings together the talent of more than 600 ded- icated employees who handcraft fne cabinetry in combined man- ufacturing facilities over 350,000 square feet, according to Cabico. "Cabico and Elmwood are committed to positioning their businesses for strong growth, and this is an important step that builds on the strengths and reputations of two of the leading custom cabinetry manufactur- ers in North America," said Alain Ouzilleau, Cabico's CEO. "Our combined product offering and network of more than 600 dealers give us unprecedented reach across the U.S. and Canadian markets." Elmwood has been crafting fine custom cabinetry since 1973 and will continue to operate under the Elmwood brand, maintaining its produc- tion facilities in St. Catharines, Ontario. Investments in both human and capi- tal resources are planned to increase production capacity in the near future. Ouzilleau becomes CEO of both Elm- wood and Maplecraft. "Together, with our 250 employees, we are very excited to join Cabico and its 350 employees, who are as dedicated to making fne quality cabinetry as we are," said Bob Wiens, one of Elmwood's former co-owners. Danze/Gerber Taps Yurko as New CEO WOODRIDGE, IL — Danze, Inc. and Gerber Plumbing Fixtures have announced that Michael Werner has stepped down from his role as president & CEO of Globe Union Group, Inc., including its Gerber and Danze businesses, efective immediately. Werner will continue as a consultant for the next several months to ensure a smooth transition. Keith Yurko, cur- rently v.p. of Globe Union's Private Label business, has been named to replace Werner as CEO. "Gerber and Danze have both grown into industry leaders with incredible futures," said Yuko. "I'm looking forward to diving back into the Branded side of our business and working with our strong and dedicated people." Yurko February 2016 • KitchenBathDesign.com 13 W i t h o v e r 4 , 0 0 0 d e s i g n s t o s a m p l e , y o u r v i s i o n a w a i t s . O r d e r t o d a y a t w w w. To p K n o b s . c o m . 9 0 8 - 3 5 9 - 6 1 7 4 8 0 0 - 4 9 9 - 9 0 9 5 R e f l e c t y o u r p e r s o n a l s t y l e Circle No. 6 on Product Card