Réseau Sélection becomes Groupe Sélection

LAVAL, QC, Oct. 18, 2018 /CNW Telbec/ - Réseau Sélection announced today that it will now be known as Groupe Sélection, a name that better represents its distinguishing vertical integration structure. The company will also be slightly adjusting its logo. The changes take place amidst the company's 30^th anniversary year and align with its strategic goals, which include a planned expansion outside Québec.

A new name that better reflects an innovative business strategy
The reference to the word "group" in the new identity reflects the company's vertical integration structure and the totality of its business units. Since its beginnings in 1989, Groupe Sélection has implemented a unique vertically-integrated structure, which included the formation of a construction business to develop real estate projects, a strategy that has proved to be highly advantageous. This new name enables Groupe Sélection to better highlight this distinction and to differentiate itself from its competitors in Quebec. This change should also facilitate penetration into English-speaking markets.

The Groupe Sélection logo will also get a slight silver touch to differentiate it from the Sélection Retraite logo, without however distancing it too far from this identify, which is at the heart of its business activities.

Reorganization of the real estate division
The brand identities in the company's real estate division will now include: Sélection Retraite which targets clients 55 years old and over; Fridöm, offering boutique apartments; REZ, to address the eclectic needs of modern families; and Yimby which is designed by and for millennials. The Fridöm logo was upgraded to include a more luxurious touch. Kubica will cease to exist and will be incorporated into REZ, which henceforth will become a brand instead of a Groupe Sélection division.

Quote

• I am extremely proud of all that Groupe Sélection has accomplished over the past 30 years.  My focus is now turning to the future which is shaping out to be quite promising as our expansion plans now target Ontario, the other Canadian provinces, and the United States. I am confident that our new name positions us advantageously to achieve our mission in these new markets.

? Réal Bouclin, Groupe Sélection's Founding
President and Chief Executive Officer

About Groupe Sélection
Groupe Sélection, after 30 years of existence, ranks first among private companies in the retirement complex sector in Canada. Today, its ambition is to become a leader in the creation of multigenerational living environments that highlight and bring together different generations. Its unique vertically-integrated structure facilitates geographic and product diversification. The group comprises more than 50 housing complexes in operation, construction and development, as well as some 4,500 employees across Quebec. While it is experiencing unprecedented growth, the customer satisfaction rate reaches 95% year after year.

SOURCE Groupe Sélection