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Novatech acquires Sunview Patio Doors




PRESS RELEASE


Novatech acquires Sunview Patio Doors


Sainte-Julie (Quebec), December 15, 2021 – Novatech Group, a Canadian leader in the manufacturing of components for the windows and doors industry, announces the acquisition of Ontario-based Sunview Patio Doors located in Woodbridge, a major manufacturer of vinyl and aluminum patio doors. This is the fifth major acquisition made by the group since 2015.

With this transaction, the Ontario plant, which will now operate under the name Novatech, becomes the 7th production site for this product line. The Company thus consolidates its position as an industry leader in patio door manufacturing. Novatech Group already operates plants in Quebec, Calgary, France and the United States and manufactures residential steel door panels, door glass, patio doors, glass products for residential, commercial and institutional construction. "In recent years, Novatech Group has experienced significant growth, fueled by a series of strategic acquisitions that have made it a key player in the windows and doors industry throughout North America. The acquisition of Sunview Patio Doors and the addition of more than 200 new colleagues to the Novatech family have enabled us to accelerate our development ambitions in the Canadian and American markets. We look forward to working with the existing team to share best practices, broaden the scope of our product line, and realize synergies for the primary benefit of our customers and all of our partners" said Harold Savard, President and CEO of Novatech Group. Founded in 1978 and integrated into the Vision Group since 2008, Sunview Patio Doors stands out for the quality of its products, its market leadership, and the depth of its talented team. With Sunview, Novatech will be in an even better position to meet the growing demand of the Canadian and American markets. The quality and high level of automation of Woodbridge’s facilities and its strategic location in the greater Toronto area are also critical to the company, with nearly 80 million consumers living within 400 km of the plant. The Sunview management team will remain in place, while several of its members will become shareholders of our newly formed Patio Doors Ontario division. Operations in Woodbridge will continue to be overseen by Tony Margiotta who becomes President of Novatech Patio Doors Ontario. The expanded product line, common distribution channels and depth of technical knowledge will give you access to an unmatched portfolio of patio door products and enhanced services. "We are very pleased to join forces with Novatech Group, a company with an outstanding reputation for innovative products that continually push the boundaries of the industry. The expanded product line, common distribution channels and depth of technical knowledge will provide our customers with an unmatched portfolio of patio door products. The corporate values are totally aligned, making this a natural and seamless combination" said Tony Margiotta, now President of Novatech Patio Doors Ontario. About Novatech Group Founded in 1982, Novatech Group employs more than 1,400 employees and is the Canadian leader in the manufacturing of components for the windows and doors industry. Its state-of-the-art plants manufacture residential steel door panels, door glass, patio doors, glass products for residential, commercial, institutional, and high-rise buildings as well as for the manufacturing industry. Its North American and international customers are served from its 17 manufacturing facilities and distribution centers located in Quebec, Ontario, Calgary, France and the United States. The Caisse de dépôt et placement du Québec (CDPQ) is a strategic partner and minority shareholder of the company since 2012. Novatech Group is ranked among the best managed companies in Canada. For more information, visit groupenovatech.com

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Media Inquiries: For more information or to request an interview, please contact ; Dominique Dubé Marketing Manager Novatech Group inc. 514-501-1404 dominique.dube@groupenovatech.com For images (photos or videos) illustrating this announcement (download files from this link)

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