Norda Stelo: Québec engineering on the international stage
From infrastructure to manufacturing, Norda Stelo supports a wide range of organizations, offering them solutions to make their activities more sustainable. This places the company in a strategic position with its partners, who share its vision of responsible and sustainable engineering.
“We don’t want to be the best company in the world, we want to be the best company for the world, as well as a global leader in asset sustainability.”
— Alex Brisson, President and CEO of Norda Stelo
Norda Stelo’s first international forays were anchored in accompanying its partners into new markets. The company supported Rio Tinto’s operations in Canada, the United States and Madagascar. It also worked alongside Canadian mining companies in New Caledonia, with international development organizations in French-speaking Africa, as well as working closely with Dubai port authorities and several companies in South America.
Innovative acquisitions to drive growth
At the same time, Norda Stelo has accelerated its growth through targeted acquisitions, expanding its portfolio of expertise and international network. The company’s ecosystem has diversified to include skills in digital transformation, asset management, bulk product handling and mineral reserve and resource evaluation. Its reputation now attracts companies who want to embrace Norda Stelo’s sustainable vision.
“When we make an acquisition, we look at the market, what each party has to offer and how we can create more value. One plus one has to equal three.”
— Alex Brisson, President and CEO of Norda Stelo
Synergy between the company’s different offices also encourages the creation of innovative solutions, such as the Stelar platform. Using artificial intelligence and data science, this tool centralizes and anonymizes project data, generating accurate predictions of asset conditions and deepening knowledge bases. Mr. Brisson explains that centralizing information maximizes customer impact while facilitating access to cutting-edge expertise. Norda Stelo’s exemplary governance practices, collective business model, B Corp and EcoVadis certifications and ranking among Canada’s Best Managed Companies are just a few of the reasons for its success.
La Caisse, a catalyst for new growth
La Caisse has been a major partner in Norda Stelo’s growth strategy, supporting two major acquisitions with financing and market expertise. For the first time in 60 years, Norda Stelo has opened the door to an external partner, illustrating mutual trust and a shared vision.
La Caisse’s presence on the Board of Directors, its leadership in sustainable investing and its network of global partners create synergies that support Norda Stelo’s ambition to become a world leader in asset sustainability. And for Alex, the partnership between the two organizations is natural, organic and deeply human. “We’ve always sought a growth partner, not an investor. And that’s what we found in the outstanding people who make up La Caisse.”
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