On December 15, 2021, Novatech Group, a Canadian leader in the manufacturing of components for the windows and doors industry, announced 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 seventh production site for this product line. Novatech Group already operates plants in Quebec, Calgary, France and the US and manufactures residential steel door panels, door glass, patio doors, glass products for residential, commercial and institutional construction.
Gowling WLG advised Novatech Group on this acquisition with a team that included Robert Dorion, Georgi Paskalev, Tiffany Lee Bianchi, Yasmine Mekallach and Irena Kramer (corporate/M&A), Shefali Rajaputra (employment), Christina Pawliszyn (real estate) and Philippe Matziorinis (IP). Gowling WLG also advised Novatech Group on a syndicated bank financing in connection with, among other things, financing the acquisition, with a team that included Jean-François Vadeboncoeur, Larisa Albu, Rosalie Munger and Richard Dusome.