01:15 PM EDT, 06/24/2024 (MT Newswires) -- Exchange Income Corp ( EIFZF ) announced the acquisition of Armand Duhamel & Fils (Duhamel), a Quebec-based manufacturer of eastern hemlock products for customers in Quebec, Ontario, and Atlantic Canada. Duhamel operates on ~40 acres of owned land including its lumber yard and sawmill. Along with EIC's Northern Mat & Bridge subsidiary, the acquisition will help grow the company's Environmental Access Solutions business line, notes National Bank's Cameron Doerksen.

Maintain Outperform, $60 target.

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