Acquisitions

News

Montmagny, July 2021

Liberty Springs is glad to announce that it has acquired Elka Suspension, a manufacturer specializing in the design of suspension systems for powersports vehicles and light sport trucks. The acquisition will make it possible to maintain the Canadian ownership of Elka and consolidate the leading position of Liberty Spring.

Elka is a manufacturing company from Boucherville which employs approximately 50 people. It specializes in the research & development, design, testing and manufacturing of custom suspensions according to the specific needs of its customers. Their products are mainly sold in Canada and the USA, but are also distributed in other countries.

This acquisition will allow Liberty Spring to diversify its offering by introducing a range of proprietary suspension products, of which high-quality springs are an integral part, and which is aimed at different types of vehicles. It will also allow Elka to grow faster thanks to Liberty Spring’s network and to create new jobs in the short term.

“Elka Suspension is very happy to join forces with those of Liberty Spring. This acquisition strengthens the company’s position as a global force in the suspension industry, to the benefit of our customers and partners”, declared Martin Lamoureux, President of Elka Suspension.

”Liberty Spring is proud to welcome Elka Suspension teams into its family. By combining the exceptional talent of Liberty Spring and Elka Suspension teams, we believe we can better support our clients in their projects for growth”, said Mathieu Ouellet, CEO of Liberty Spring.

The ELKA SUSPENSION brand remains unchanged. In fact, Elka keeps its business model and maintains its current manufacturing plant in Boucherville. The three founders also remain in office with the entire Elka team.

Visit Elka Suspension website for more information: www.elkasuspension.com



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