Stephano Group Ltd has secured a minority investment from the Canadian Business Growth Fund to accelerate its growth and expansion in the competitive consumer-packaged goods market.
Information on the Target
Stephano Group Ltd, a family-owned enterprise founded over 40 years ago, has announced a minority growth equity investment from the Canadian Business Growth Fund (CBGF) to support its ongoing expansion plans. The company is a prominent player in the Canadian consumer-packaged goods (CPG) sector, specializing in food manufacturing. Currently, it operates two manufacturing facilities in the Greater Toronto Area (GTA) that produce a variety of branded and private label breakfast and snack food items.
With ten production lines, Stephano Group’s offerings include a range of products that are Organic, Non-GMO, Gluten-Free, allergen-controlled, and Kosher-certified. The company has experienced significant growth over the past five years, bolstered by sales from both retail and food service channels within Canada and the United States. Stephano Group aims to establish itself as a leading producer of cereal and nutritional bar products throughout North America, building on their commitment to sustainability and quality customer service.
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Industry Overview in Canada
The Canadian consumer-packaged goods industry is a dynamic and competitive sector that continues to grow as consumer preferences evolve. Health-conscious choices have become increasingly important for Canadia
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Canadian Business Growth Fund
invested in
Stephano Group Ltd
in 2023
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $12M