Canada-based Groupe St-Hubert plans to invest in its food manufacturing arm.
The company today (9 April) set out capex plans for both sides of its business – food production and restaurants.
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In a statement, Groupe St-Hubert said it is making “massive investments” in its food manufacturing plants in two suburbs of Montreal – Blainville and Boisbriand.
The group said it will invest more than C$11m at the factories plants to add new production lines and modernise equipment.
The company produces and distributes food products under the St-Hubert brand, as well as under 26 other brands.
“This sector is booming, as this year alone the company plans to launch 27 new products under the St-Hubert brand and 63 new products under other brands,” it added.
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By GlobalDataGroupe St-Hubert said it also plans to spend C$650,000 to build a new R&D centre in Boisbriand. The site should be completed this year, it added.
The restaurant business is to receive around C$40m to invest in its outlets.
More than 20 restaurants will be renovated in Quebec, and nine more will be opened by 2026, the group said.
The group has 121 restaurants, 90% of which are in Quebec, with the rest in Ontario and New Brunswick. It has a network of 91 franchisees.
“These financial commitments will consolidate the famous chain’s position of leadership in the food industry, in the areas both of restaurants and of grocery products,” the company added.
Groupe St-Hubert was acquired by Canadian restaurant group Cara Operations in 2016.
