Founded in 1993 in Montelimar, France, with the acquisition of Ateliers Sibille, Novarc produces and distributes safety equipment for the operation of low, medium and high-voltage electricity lines. Novarc also markets maintenance products for the automotive and industrial sectors for professional clients.
To offer liquidity to existing private equity shareholders, Novarc sold a minority stake to a new lead private equity investor (Capza Expansion) and other investors including BPI, CASRA and BNP Developpement.