Colabor Group Inc. (TSX:GCL) is looking for acquisitions. Louis Frenette, President and Chief Executive Officer said during the Second Quarter 2023 Results Conference Call, "M&A is a key part of our future growth plan. Although our pipeline of opportunities remain strong, we have taken a more opportunistic approach for now concentrating our resources and prioritizing our capital allocation on our new strategic facility in St-Bruno.

This customer built state-of-the-art facility will allow us to greenfield our distribution activities in Western Quebec while conducting our wholesale operations from the same facility, providing significant operating and cost synergies. I will provide an update on the progress of the bill in just a few minutes".