Champlain-led Investor Group Creates Humanity Bakeries Inc. and Acquires Maison Isabelle
February 22, 2021
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.
- Buyers
- Champlain Financial Corporation, Humanity Bakeries Inc. (Boulangerie Humanité), Fondaction (investment partner / co-investor), A group of Quebec investors (unnamed)
- Targets
- Maison Isabelle Inc.
- Platforms
- Humanity Bakeries Inc. (Boulangerie Humanité)
- Industry
- Food & Beverage
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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