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Champlain Financial and Fondaction in the acquisition of Maison Isabelle Inc., and the creation of Humanity Bakeries Inc.

Fasken
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Overview

Client

Champlain Financial Corporation

On February 22, 2021, Champlain Financial Corporation, a Canadian private holding company based in Montreal, Quebec, together with Fondaction and a group of private investors, announced they have acquired Maison Isabelle Inc., a Quebec company that has developed its expertise in the industrial manufacturing of pastry products.

Following this acquisition, Champlain announces the formation of Humanity Bakeries Inc., a Quebec-based investment platform focused on the Quebec specialized bakery and pastry industry.

A Fasken team composed of Jean-Sébastien Dugas, Cristel Chabot-Lapointe, Véronique Harvey-Bertrand, Élaine Laberge-Poirier, Félix Gutierrez and Alexandra Freedman acted for Champlain Financial Corporation in connection with this transaction.

Jurisdiction

  • Québec

Team

  • Jean-Sébastien Dugas, Partner, Montréal, QC, +1 514 397 7693, jsdugas@fasken.com
  • Cristel Chabot-Lapointe, Partner, Montréal, QC, +1 514 397 5102, clapointe@fasken.com
  • Véronique Harvey-Bertrand, Partner, Montréal, QC, +1 514 397 7628, vharvey@fasken.com
  • Élaine Laberge-Poirier, Partner, Montréal, QC, +1 514 397 7472, elaberge@fasken.com
  • Félix Gutierrez, Partner, Montréal, QC, +1 514 397 5136, fgutierrez@fasken.com
  • Alexandra Freedman, Associate, Montréal, QC, +1 514 397 5253, afreedman@fasken.com