Canadian maple syrup supplier L.B. Maple Treat has been sold to a group of investors including investment firm Champlain Financial Corporation and the founder of Cirque du Soleil.
Bedford Capital, a Canadian private-equity firm, has offloaded the branded and own-label maple syrup manufacturer, which also produces cookies, maple sugar and maple butter. Financial details of the transaction were not disclosed.
Go deeper with GlobalData
CCC Investment Banking, which acted as the financial advisor to L.B. Maple Treat, described the business as “one of the largest bottlers of branded and private label maple syrup in the world”.
A statement from the investors said L.B. Maple Treat suppliers to retailers in 12 countries.
Daniel Gauthier, the founder of Cirque du Soleil, has invested in the business through his holding company HDG Inc. He has teamed up with Champlain Financial Corporation and asset manager Fondaction.
Daniel Cousineau, a former president at Canadian fast-casual restaurant chain Rotisseries St-Hubert, has also invested in the deal and will become L.B. Maple Treat’s president and CEO.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
