Polygon acquires Lora Construction to provide full service model in Montreal, Canada

Montreal, Canada – June 14, 2012 Polygon - Canada has today announced the acquisition of Lora Construction, a leading company specializing in the renovation of properties damaged by fire, water or natural disaster.

The acquisition by Polygon, a global provider of property damage restoration, temporary climate solutions and property performance services, makes Polygon the largest provider of reconstruction services in the Greater Montreal area.

By acquiring Lora, Polygon enhances its services to meet the insurance market’s demand for integrated services. “We were looking for a partner with impeccable credentials, well established and well regarded within the insurance industry to meet our growing needs. After working with Lora on several jobs, we knew their expertise, client focus, and attention to detail was a perfect fit with our mission,” said Fabio Bernardo, Director, Polygon Canada. Polygon will now have three depots in the province of Quebec, Montreal.

Lora Construction Founder, Jean-Hugues Labreque, will stay on at Polygon as Director for the Province of Quebec and will work with Cyril Dakhlou, Polygon’s Director of Sales and Marketing, in business development and the management of key accounts. “This is good news for the industry. We have combined the expertise of two organizations to offer a true one-stop shop,” said Labreque. “Our expanded services and management will better serve our industry.”

Polygon Group
Polygon is a global leader in property damage restoration and temporary climate solutions, serving a range of sectors including insurance, property management, government and industrial process such as pharmaceutical and food.

The company has revenues of over €430m and provides 24 hour coverage delivered by a global network of 2,600 employees in 14 countries to ensure a rapid, right first time response that mitigates loss and effectively manages cost.