NOVEM

Warehousing and Storage • Kelowna, British Columbia, Canada • 21-50 Employees

Company overview

Headquarters	Kelowna, British Columbia, Canada
Website	novempharma.com
NAICS	493
Keywords	Agriculture, Loans, QA, Pharma, Cannabis, Crops, Import/Export, Agrifood, Hemp, Petfood, Remoteservices, Coldchain, Freezedry, Chilledstorage, Excisetax, Flashfrozen, Increaseprofitability, Labsamples, Merchantstorage, Bioĥarma
Founded	2021
Employees	21-50
Socials

Key Contacts at NOVEM

Warren Sarafinchan

Chief Executive Officer

Colin Davison

Chairman Of The Board Of Directors

Claire Donahue

Director - Strategic Development - Asia

NOVEM Email Formats

NOVEM uses 3 email formats. The most common is {first name}.{last name} (e.g., john.doe@novempharma.com), used 50% of the time.

Format	Example	Percentage
{first name}.{last name}	john.doe@novempharma.com	50%
{first initial}.{last name}	j.doe@novempharma.com	37.5%
{first initial}	j@novempharma.com	12.5%

About NOVEM

Novem is a 4PL leader specializing in COLD CHAIN storage and CPG goods storage and distribution. NOVEM operates an extensive national licensed warehouse and distribution network, as well as providing services and manufacturing support for the Pharmaceutical, Biopharma, Agrifoods, Nutraceuticals, Personal and Pet Health sectors. Kelowna, BC – Kelowna is a regional facility within Novem’s national network. Consists of COLD CHAIN storage, Dry-Temperature Controlled storage, as well as processing and manufacturing focused on Licensed Biopharmaceuticals, Agrifoods, and Pet Wellness products. We continue to leverage licensed and specialized storage across Canada, recently providing our offerings to pharmaceutical and biopharmaceutical companies as well as strategic Agrifoods companies. Edmonton, AB – Edmonton is a major regional facility within Novem’s national network. Consists of COLD CHAIN storage, Dry-Temperature Controlled storage, and is in the process of constructing processing and manufacturing space and equipment which will be focused on Licensed Pharmaceuticals, Biopharmaceuticals, and Agrifoods. This facility is currently in the leasehold buildout phase and will be fully operational by the end of 2023. Novem is also in discussions with strategic shareholders and partners on the construction of a 100,000 sq.ft purpose-built facility for NOVEM at the airport at YEG which would be ready by the end of 2024, and will be capable of expansion to 200,000sq.ft in the future. Toronto, Ontario – Toronto is a major regional facility within Novem’s national network. Consists of COLD CHAIN storage, Dry-Temperature Controlled storage, and is in the process of procuring processing and manufacturing space and equipment which is focused on Licensed Pharmaceuticals, Biopharmaceuticals, and Agrifoods.

NOVEM revenue & valuation

Annual revenue	$2,566,650
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Warehousing and Storage industry and current estimated revenues	$8,300,000
Total funding	No funding