MontClerc Capital has acquired a minority stake in Polykar, a Canadian manufacturer specializing in sustainable flexible packaging solutions. The investment aims to enhance Polykar’s growth in the North American market by improving production capabilities and creating new eco-friendly packaging options.

Polykar specializes in polyethylene film for converters, food, and industrial packaging. Their product portfolio includes recycled waste bags and certified-compostable bags and films. President and CEO, Amir Karim, expressed readiness to invest in advanced manufacturing technologies with MontClerc Capital’s support.

MontClerc Capital brings operational knowledge and long-term investment commitment to support Quebec-based companies’ strategic growth. Partner Martin Garand highlighted Polykar’s leadership strength, product quality, and growth potential. The partnership will strengthen Polykar’s foundation and accelerate its development in the industry.

Read more at Yahoo Finance: MontClerc acquires minority stake in Polykar