Date: 29 October 2019
This transaction is the result of a growth plan that will unite the strengths of both companies and position us as leaders in the high-rise, commercial and glass markets.
"Laurier's expertise, knowledge, ability and reputation are some of the elements that will complement our plants in Anjou, St-Agapit and St-Apollinaire and will distinguish ourselves in the glass industry. Synergies between Laurier and Novatech and our shared values will ensure the success of our partnership", states Harold Savard, President and CEO of the Novatech Group.
Laurier will now be known as Laurier Architectural. Mélanie Mercier will lead this new Novatech subsidiary, which will continue to offer all our current and future customers products that meet their expectations in terms of quality, design and performance.
"Always responsive to our customers' needs, this partnership with Novatech represents an excellent opportunity to pursue our vision of being recognized by our customers as the best supplier of value-added glass products and the partner of choice for their development. By combining the expertise of our experienced teams, we will succeed all together", say Mélanie and Caroline Mercier, respectively General Manager and Strategic Procurement and Estimation Manager of Laurier Architectural.
Laurier has a great reputation in the manufacturing of glass products. Their main products are value-added insulating glass, heat soar, spandrel, digital print and lamination, mainly for commercial, institutional, high-rise and manufacturing applications. Laurier is a third-generation family business with more than 150 employees, located in Laurier-Station in the Quebec City area. The quality of their products and their outstanding customer service have made Laurier's success for nearly 70 years.
Founded in 1982, Novatech is a leading manufacturer of steel entry doors, doorglass, patio doors and insulated glass. They operate 15 ultra-modern facilities in Canada, the United States and France. Their strong culture of innovation and ongoing improvement makes Novatech a key leader in the market. The CDPQ (Caisse de dépôt et placement du Québec) is their strategic partner since 2012.
Harold Savard, President and CEO