Saint-Augustin-de-Desmaures, April 2, 2026 – Global Tardif (GT) is entering an ambitious new phase of its development through a partnership with three experienced operators: Carl-David Belley, who has been appointed Chief Executive Officer; Nicolas Giguère, who will act as Strategic Advisor; and Karl Lepage, a key member of the current management team. This new chapter will also benefit from the support of the private equity firm Norea Capital.
Founded in 1984 by Jean-Guy Tardif afterward taken over by his son François in 1995, Global Tardif has established itself as one of the largest independent elevator manufacturers in Canada. Operating from a manufacturing facility located in the Quebec City area, the company specializes in the production of both standard and custom-designed elevators. GT designs and manufactures standard and tailor-made solutions for independent installers and major original equipment manufacturers (OEMs).
Global Tardif Will Remain an Independent Manufacturer
“With the transition we are announcing today, not only it secures Global Tardif’s future, but also firmly positions it for continued growth,” said François Tardif. “For more than 41 years, we have supported hundreds of companies in their growth and success. I am pleased that our family-owned business will remain an independent manufacturer going forward, and I sincerely thank our employees, whose commitment has been instrumental to Global Tardif’s success over the years. I would also like to recognize the contribution of key collaborators such as Karl Lepage, Rémy Gauvin, François Martin, Josée Béchard and Alain Bouchard, whose commitment has been instrumental to the development and success of the company. I am very optimistic about the arrival of Nicolas Giguère, former Co-President and Founder of Qualtech, and Carl-David Belley, who brings nearly 20 years of experience at Julien, where he notably helped build an organization recognized for its operational excellence. These additions are a natural complement to the existing management team and employees while providing a strong foundation for Global Tardif’s next growth phase. I look forward to continuing my collaboration with the new leadership and thank Norea Capital for its confidence in Global Tardif and its growth potential,” Mr. Tardif added.
The new CEO, Carl-David Belley, expressed confidence in the transition and in the continuity of operations, which will continue to rely on the recognized expertise of the existing team and the strength of the know-how developed over the years.
“From the very beginning of my discussions with the team, I have been truly impressed by the passion, expertise and commitment of the people who are the driving force behind Global Tardif,” said Mr. Belley. “This team has built a strong reputation in the elevator industry through its technical expertise and the quality of its work. My objective is to build on these solid foundations, ensure continuity of this expertise, and implement the initiatives required to at least double our business volume over the next five years. We believe that market conditions in Canada and internationally are particularly favourable for achieving this goal.”
Operating Among Industry Leaders
“Global Tardif has significant growth potential because it is already competing at the highest level,” said Luc Ménard, President and Managing Partner of Norea Capital. “Thanks to the quality and reliability of its products, the company successfully delivers complex projects nationwide and internationally. We are proud to partner with Global Tardif as it enters its next growth phase. This Quebec‑based manufacturing company has notably produced elevators installed at Montreal’s Olympic Stadium, the Parliament Building in Ottawa, the Broadway Subway Project in Vancouver, the AT&T Stadium in Dallas, and the Burj Khalifa in Dubai, the tallest skyscraper in the world.”
Global Tardif at a Glance
- With several hundred elevators manufactured and delivered each year, Global Tardif (GT) is the largest independent elevator manufacturer in Quebec and one of the largest in Canada.
- The company employs 80 people and operates a 200,000-square-foot manufacturing facility lo-cated in Saint‑Augustin‑de‑Desmaures, near Quebec City.
- GT specializes in a wide range of standard and custom elevator systems, including machine-room-less (MRL) traction elevators used in buildings ranging from two to more than twenty sto-reys; high-speed traction elevators for high-rise buildings; a full range of hydraulic elevators and freight elevators; as well as vertical transportation systems for persons with reduced mobility. GT also develops custom MRL solutions for the modernization and replacement of OEM equipment.
- In Canada, GT has contributed to numerous major projects, including the Parliament Building in Ottawa, the Montreal courthouse, the Broadway Subway Project in Vancouver, and Irving Oil’s headquarters in Saint John. In the United States, GT has delivered major projects including the New York Times Building (NYC), the Target Field in Minneapolis, the Salt Lake City Library, and the Mandalay Bay Resort & Casino in Las Vegas.
About Norea Capital
With $560 million in assets under management, Norea is an independent private equity manager focused on Canadian mid-market companies. Norea acts as a strategic partner to support private businesses in their growth plans, mergers and acquisitions, ownership transfers, and the implementation of value-added governance structures. Norea is distinguished by its partnerships with major business families established in Montreal, and active both in Canada and internationally, who leverage their expertise for the benefit of local entrepreneurs. For more information, visit Norea Capital’s website.