Cascade Orthopedic Supply, Chico, California, announced that on October 7 the company acquired 100 percent of the outstanding shares of OrtoPed, Montreal, Canada, from CETCO Capital, Montreal, and its sole shareholder, Jean-Pierre Gibeault. Jeff Collins, president and CFO of Cascade, will succeed Gibeault as the president of OrtoPed, and in-country management will continue under the leadership of Jean Desjardins, COO.
“We are excited to begin working with the management and staff of OrtoPed to build upon and strengthen the breadth of products and services offered to the Canadian P&O community with this investment,” said Collins.
“Of all the candidates to acquire OrtoPed, Cascade is by far the best one and really the one I trust to serve you well immediately and into the future,” said Gibeault. “I trust Jeff will bring the benefits of his care, competence, and experience, with his team, to all the Canadian P&O professionals and to the Canadian P&O community in general.”
