May 8, 2024 – The Stelpro Group and Innovair Solutions Group announced they are joining forces under a strategic alliance, thereby “strengthening their position in the North American market and propelling their future growth”.

“I am convinced that the alignment of our values and complementary strategies will keep innovation at the heart of our actions and products,” said Martin Beaulieu, Innovair. “Our goal is to expand our product line for the benefit of our customers and business partners, while consolidating our presence in the U.S. market.”

The alliance will draw upon the combined expertise of both teams in the fields of electric heating and HVAC, as well as their manufacturing capabilities and distribution facilities. These combined assets, say the partners, will deliver a diversified range of thermal comfort and indoor air quality solutions “to meet the needs of the residential, commercial, industrial, and institutional markets under 15 renowned brands”.

“I am enthusiastic about the potential synergies of expertise, resources, and technologies resulting from this alliance,” said Stelpro’s Yves Chabot. “This will enable us to seize the opportunities offered by the evolving HVAC market that has been driven by the energy transition.”

“Together, we will be able to offer integrated solutions for thermal comfort and air quality, promoting efficient energy management in buildings,” Chabot added.

Martin Beaulieu and Yves Chabot will assume joint chairmanship of the alliance’s board; meantime, Stelpro and Innovair will be managed by CEOs Pierre Huard and Louis Beaulieu, respectively.

Founded in 1981, Stelpro is a family owned Quebec company employing over 600 people at five locations in two countries. Founded in 1967 as Ouellet Canada, Innovair Solutions is also a family owned Quebec company. It employs over 500 people at 11 operating sites in three countries.