# Novolecs acquires former GE bus duct facility in Saint-Augustin-de-Desmaures

Novolecs Innovative Electrical Solutions has acquired the bus duct and auxiliary electrical equipment facility in Saint-Augustin-de-Desmaures, Quebec, along with the intellectual property of the Stace group. The facility was established by GE Canada in 1977.

- Type: Acquisition
- Announced: 2024-03-15
- Where: Saint-Augustin-de-Desmaures, Quebec, Canada
- Status: completed
- Products: bus duct and auxiliary electrical equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Novolecs Innovative Electrical Solutions](https://endata.com/companies/76266.md) (acquirer)
- [Stace group](https://endata.com/companies/76267.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/novolecs-poised-for-growth-in-booming-market-after-purchase-of-former-ge-plant-in-st-augustin-302089955.html), 2024-03-15: "We are very proud of this transaction, as it will preserve an expertise recognized here in Québec and internationally."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.