Champlain Financial Corporation-led Group Acquires Boulangerie Dumas

Champlain-led Investor Group Creates Humanity Bakeries Inc. and Acquires Maison Isabelle

February 22, 2021

Food & Beverage

A group of Quebec investors led by Champlain Financial Corporation created Humanity Bakeries Inc. as a platform and acquired cake manufacturer Maison Isabelle Inc. Under the new platform, Maison Isabelle will combine with Boulangerie‑Pâtisserie Dumas (acquired earlier by Champlain); Dominique Bohec, former president and shareholder of Maison Isabelle, was hired to lead the platform. Financial terms were not disclosed.

Groupe Le Duff (Bridor) Acquires Lecoq Cuisine Corporation

July 21, 2022

Food & Beverage

Groupe Le Duff, through its Bridor subsidiary, has acquired Lecoq Cuisine Corporation, a U.S. producer of premium frozen Viennese and French-style pastries. The deal adds Lecoq's Bridgeport, Connecticut production capacity (about 250 employees and $60M revenue in 2022) to Bridor's global frozen bakery platform to support North American growth.

Champlain Financial Corporation-Led Group Acquires Dion Herbs & Spices

May 17, 2021

Food & Beverage

A group of Quebec investors led by Champlain Financial Corporation has acquired Dion Herbs & Spices. The deal secures leadership succession to André Fortier, Jean-François Bieler and founders' children Marie-Andrée Morin-Dion and Samuel Morin-Dion; financial terms were not disclosed. Dion offers roughly 450–600 spice varieties across nine product categories and is sold in over 1,000 retail locations in Canada and the United States.

Vandemoortele Acquires Majority Stake in Banneton Bakery

April 8, 2024

Food & Beverage

Vandemoortele, a family-owned European food group, has acquired a majority stake in Banneton Bakery, a New Jersey-based manufacturer of freezer-to-oven croissants, danishes, and other pastries. The transaction represents a full exit for Encore Consumer Capital; founders Victor and Alex Litinetsky remain investors and will continue to run day-to-day operations.

Champlain Financial Corporation and Fondaction Invest in Armoires Cuisines Action

August 24, 2022

Building Products

An investor group led by Champlain Financial Corporation, with participation from Fondaction, acquired a stake in Armoires Cuisines Action in July 2022. The deal provides strategic and financial support to accelerate growth while members of the founding Naud van Gennip family and key executives remain shareholders and continue in leadership roles.

Bakery Humanity Inc. Acquires Les Aliments 2000

April 26, 2021

Food & Beverage

Bakery Humanity Inc., a Quebec-based bakery investment platform controlled by a group of investors led by Champlain Financial Corporation, has acquired Les Aliments 2000 Inc., a producer of pie crusts, pizzas and pizza balls. The acquisition expands Bakery Humanity’s product portfolio and names Dominique Bohec as president & CEO of the Les Aliments 2000 business; financial terms were not disclosed.