Invera Flexibles: Clarifying Strategic Priorities to Accelerate Value Creation

Context

With Amir Karim taking over the leadership of Polykar (now Invera Flexibles) from his parents in 2018, several structuring initiatives were implemented to strengthen production capacity (including a second plant in Edmonton), optimize operations, and professionalize the organization. Having entered a new phase of growth, the company sought to define its strategic priorities and was considering opportunities for acquisitions, vertical integration, and diversification, including the possibility of entering the U.S. market.

Projects

To help Polykar (now Invera Flexibles) prioritize growth opportunities, we initiated strategic planning with a thorough analysis of its business environment. This step made it possible to identify key market trends and highlight the most relevant opportunities for the company. In parallel, an internal review was conducted to assess the feasibility of these opportunities and their potential impact, thereby prioritizing those offering the greatest value. On this basis, a clear vision and strategic objectives were defined to align the Board of Directors, the executive team, and the management teams. This alignment was translated into the development of a structured action plan, setting out clear initiatives assigned to each member of the executive team to ensure the objectives are achieved.

Subsequently, a risk analysis was conducted to ensure the successful execution of the strategic plan. Risks were assessed and prioritized based on their impact and probability, then mitigation measures were defined and assigned to responsible parties, thereby ensuring rigorous monitoring and clear accountability.

Results:

The strategic plan established a clear growth roadmap and strengthened the internal capabilities of Polykar, paving the way for an expansion phase. This began with securing financing from MontClerc Capital in 2025, which helped double production capacity at the Edmonton site while supporting the continuation of its acquisition strategy. This process culminated in the merger of Polykar and PolyExpert, backed by MontClerc Capital and Kent Road Capital, giving rise to Invera Flexibles in May 2026. The new company plans to invest up to $20M to increase and modernize its production capacities at its Edmonton and Laval facilities, thereby strengthening its scope and its ability to meet the growing market demand for high-quality flexible films and packaging products.