Announced
Completed
Synopsis
Garaga, a pioneer in the manufacture of garage doors, completed the acquisition of Novatech Group, a company specializing in the manufacture of entry doors, doorglass, patio doors and tailor-made insulated glass. Financial terms were not disclosed. “The acquisition of the Novatech Group is a continuation of our family’s entrepreneurial journey. We are now privileged to be the owners of two organizations such as Garaga Inc. and Novatech Group Inc. that are firmly established in their North American markets. It is important to specify that both organizations, Garaga, the company founded by our father Michel Gendreau, and Novatech Group will continue to operate completely autonomously,” Maxime Gendreau, Garaga Co-President.
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