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  • February 26, 2026
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Hardwoods Distribution’s acquisition of U.S. building company Novo sends shares up while Air Transat slides on news of v-p’s retirement. Here are the past week’s winners and losers

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Hardwoods Distribution’s acquisition of U.S. building company Novo sends shares up while Air Transat slides on news of v-p’s retirement. Here are the past week’s winners and losers

Winners
Hardwoods Distribution Inc. (HDI.TO) +30.5%
On Wednesday, Hardwoods Distribution announced a $303 million (U.S.) acquisition of Novo Building Products Holdings LLC financed by a new credit facility. Novo is a U.S. based manufacturer and distributor…

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