Novatech Group has acquired Ontario-based Sunview Patio Doors located in Woodbridge, a 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 U.S., 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," says Harold Savard, president and CEO of Novatech Group.
Sunview Patio Doors was founded in 1978 and integrated into the Vision Group in 2008. Novatech anticipates this acquisition will better enable them 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 kilometers of the plant, according to the company.
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.
"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," says Margiotta.
