MontClerc Capital announces that it has made a strategic investment in Polykar, a Canadian manufacturer of sustainable flexible packaging solutions, by acquiring a minority stake to support the company’s growth goals in North America.
The investment is intended to help Polykar to expand its production capacity and accelerate the development of environmentally friendly packaging solutions to meet market demand. “This collaboration reaffirms Polykar’s leadership in the field of sustainable packaging,” said Amir Karim, President and CEO of Polykar. “Over the last 35 years, we have built a resilient company founded on innovation and operational excellence. With the support of MontClerc Capital, we are ready to invest in advanced manufacturing technologies and to take part in the consolidation of our industry. This investment underscores confidence in our business model and growth potential.”
In a statement, Polykar says that MontClerc Capital brings an operational background, and a long-term investment approach aimed at “helping Quebec-based companies grow strategically and effectively, fostering both organic and acquisition-driven growth.” “Polykar meets all our investment criteria, particularly due to the strength of its leadership team, the quality of its products, and its sound governance. The company has significant growth potential, and MontClerc Capital’s involvement, both in terms of capital and strategic expertise, will help strengthen its foundation and accelerate its development,” added Martin Garand, Partner at MontClerc Capital.
News Courtesy : Canadian Manufacturing.