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News

Zenith Products Joins Laces Group

March 07, 2016

Montréal, [February 22, 2016]Laces (Laces Group), an innovative company that specializes in the development and distribution of home fashion products headquartered in Montreal, Québec, today announced that the Zenith Corporation, a Delaware-based bathroom products manufacturer and importer, will integrate a majority of its assets and operations into the company.  Zenith’s management and operating team will remain in place.


KDC announces the acquisition of the Kolmar Labs Group, a new foray into the Color Cosmetics and Specialty Delivery categories

October 14, 2015

Montréal, October 14, 2015KDC (The Knowlton Development Corporation), a leading contract manufacturer of health and beauty-care products headquartered in Longueuil, Québec, today announced the acquisition of the Kolmar Labs Group companies: Kolmar Laboratories Inc. and Acupac Packaging Inc. Kolmar is a New-York-based custom formulator and manufacturer of color cosmetics, personal care and skincare products, offering Product Development, R&D Innovation, QA/QC services, Regulatory services and manufacturing solutions for beauty and skin care brands. Kolmar Laboratories and Acupac Packaging together employ 500 full-time employees in state-of-the-art facilities totalling over 340,000 feet.



NOVACAP announces the acquisition of Hallcon Corporation

October 07, 2015

MONTRÉAL, August 4, 2015 – NOVACAP, a Canadian leader in private equity, today announced the acquisition of Hallcon Corporation, a leading provider of specialty outsourced services to the railway and transit sectors in North America, based in Toronto. The transaction is carried out through its NOVACAP Industries IV Fund, in partnership with Hallcon’s management team, Export Development Canada (EDC), BMO Capital Partners and other institutional partners. Hallcon’s senior management team will continue in their current roles with the company.



KDC announces the acquisition of ChemAid Laboratories

January 07, 2015

MONTRÉAL, January 7, 2015 – KDC (The Knowlton Development Corporation), a leading contract manufacturer of health and beauty-care products headquartered in Knowlton, Québec, announces the acquisition of ChemAid Laboratories, an innovative formulator and manufacturer of skincare, hair care and bath and body products. ChemAid Laboratories employs a team of seasoned professionals with a vast experience in the formulation and manufacturing of high performance, efficient and high quality products at its manufacturing facility, located in Saddle Brook, New Jersey.



NOVACAP and institutional partners announce an investment of more than $165 million in the acquisition and development of Québec company KDC

October 22, 2014

MONTRÉAL, October 22, 2014 – NOVACAP, a Canadian leader in the private equity field, is partnering, through its NOVACAP Industries IV investment fund, with institutional partners, including the Caisse de dépôt et placement du Québec, the Fonds de solidarité FTQ, Investissement-Québec, Export Development Canada (EDC) and Fondaction CSN, to announce an investment of more than $165 million in the shareholding of KDC, a leading Québec contract manufacturer of health and beauty-care products.



The Master Group announces the arrival of Novacap as a strategic partner

March 03, 2014

BOUCHERVILLE, March 3, 2014  - Shareholders of the Master Group, MM. Alain Fournier, Michel Ringuet and Louis St-Laurent, are pleased to announce they have signed a transaction involving the sale of 65 % of the company to Novacap, a Quebec-based firm and a leader in the field of private investment in Canada. The transaction will take effect in the coming days and The Master Group will continue to operate without interruption with the current management team remaining in place to pursue the continuous development of the company.