Polycor Inc. is the world’s leading natural stone quarrier. A long history of stonework on historical landmarks, institutions, commercial, and residential projects has earned them a reputation for excellence. Polycor is one of the first companies in the manufacturing sector to assume a leadership position in the crucial task of decarbonization and is a natural stone quarrier that has made a solid commitment to carbon neutrality. The Québec company employs nearly 1,300 people with over 50 quarries and 20 manufacturing plants across North America and Europe. Birch Hill, a Canadian mid-market private equity firm with over $5 billion in AUM, will support Polycor in its continued growth and success both in Québec and internationally. The transaction honours Polycor’s wish to remain in Québec, while pursuing and developing its global operations.
A Fasken team composed of Anne-Marie Naud, Carl Tremblay, Martin Legault, Terry Kyle-Lapierre, Samuel Gosselin-Simard and Andrew Haikal advised the Management Committee of Polycor in this transaction.
Jurisdiction
- Québec