CDPQ-backed Novatech buys Energi’s patio door plant unit

Novatech Group, backed by Caisse de dépôt et placement du Québec, has acquired the Terrebonne patio door plant of Energi Fenestration Solutions.

Novatech Group, backed by Caisse de dépôt et placement du Québec, has acquired the Terrebonne patio door plant of Energi Fenestration Solutions. No financial terms were disclosed. Sainte-Julie, Quebec-based Novatech is a maker of steel entry doors, door glass, patio doors, insulated glass and commercial glass products. Energi was backed by OpenGate Capital.

PRESS RELEASE

May 18, 2021 – Harold Savard, President and CEO of the Novatech Group, is proud to announce that the Novatech Group has acquired the patio door division of Energi. This acquisition increases Novatech’s patio door manufacturing capability and becomes the 6th plant of this product family in the group.

Demand for patio doors continues to increase and we were anxious to add to our operational capabilities. The Terrebonne facility gives us the necessary footprint to meet our growth objectives and provide the service levels that our customers require. We plan to make significant investments at the Terrebonne facility in the coming months.

Effective immediately, the current Novatech sales force will be responsible for patio door sales out of Terrebonne. The customer service team in Terrebonne will remain in place for all inquiries and orders.

“We are delighted to welcome Energi’s patio door team to the Novatech Group family. Their expertise, combined with that of our current teams, will complement our plants in Ste-Julie, Beauceville, Calgary and Martinsville. Synergies generated by the pooling of our activities will ensure the success of this acquisition, which is in line with our passion to always better serve our customers.” states Harold Savard.

Founded in 1982, Novatech is a leading manufacturer of steel entry doors, doorglass, patio doors, residential insulated glass and commercial glass products. We operate 16 ultra-modern facilities in Canada, the United States and France. Our strong culture of innovation and continuous improvement makes Novatech a key leader in the market. The CDPQ (Caisse de dépôt et placement du Québec) is our strategic partner since 2012.