St-Méthode Bakery: A Partnership for Growth and Innovation
Gracie Gottlieb | 28 December, 2023
In an exciting move that will drive growth and innovation, St-Méthode Bakery has partnered with Swander Pace Capital (SPC), CDPQ, and Roynat Equity Partners. This collaboration will allow St-Méthode Bakery to continue delivering high-quality, healthy bread products and expand its reach in new markets.
St-Méthode Bakery, a leading supplier of value-add fresh bread products, has been a pioneer in the industry for over 75 years. The bakery is known for its commitment to excellence and innovation, consistently delivering innovative new products to meet the evolving needs of consumers.
Swander Pace Capital, a private equity firm specializing in consumer products companies, brings its extensive experience in the bakery sector and the Québec market to the partnership. With its unique expertise, SPC will support St-Méthode Bakery in accelerating the growth of the brand and developing new products for different markets.
CDPQ, a global investment group managing funds for public pension and insurance plans, joins the partnership to support St-Méthode Bakery in its business transfer process and growth projects in both the Canadian and U.S. markets. This collaboration will ensure the long-term future of the bakery and help it reach new heights in its history.
Roynat Equity Partners, a division of Scotiabank, facilitates growth and creates value in established private middle-market companies. With its network of contacts and expertise, Roynat will provide patient capital and advice to help St-Méthode Bakery achieve its strategic goals and continue growing.
The partnership with Swander Pace Capital, CDPQ, and Roynat Equity Partners reflects the shared values of St-Méthode Bakery, including its family business culture and commitment to delivering high-quality products. The current management team will be retained, ensuring a smooth transition and preserving the bakery's expertise and know-how.
St-Méthode Bakery's flagship bakery in Adstock, located in the Chaudière-Appalaches region of Québec, will continue to supply customers throughout Québec and other markets. The bakery takes pride in using local raw materials, such as Québec wheat flour, and remains one of the largest employers in the region.
With this partnership, St-Méthode Bakery is poised for continued success and growth. The support and expertise of Swander Pace Capital, CDPQ, and Roynat Equity Partners will enable the bakery to expand its product offerings, enter new markets, and maintain its position as a leader in the healthy, value-add bread category.
As the bakery embarks on this new chapter in its history, it is well-positioned to build on its legacy of excellence and innovation. St-Méthode Bakery will continue to provide retailers and customers with its three lines of healthy products: La Récolte de St-Méthode, Les Grains St-Méthode, and Le Campagnolo.
St-Méthode Bakery's partnership with Swander Pace Capital, CDPQ, and Roynat Equity Partners is a testament to its commitment to growth, innovation, and delivering high-quality bread products. The collaboration will strengthen the bakery's position in the market and open new avenues for expansion.
As we look ahead, St-Méthode Bakery will continue to be a trusted name in the industry, known for its dedication to delivering healthy, value-add bread products that meet the evolving needs of consumers. With the support of its partners, the bakery is poised to achieve new levels of success and further solidify its position as a leader in the industry.
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