Clairvest Group Inc. has made a minority equity investment in Redstone Food Group, aiming to leverage the company's operational excellence to drive growth in the food and beverage sector.
Target Information
Redstone Food Group, established in 1972, is a prominent commercial bakery specializing in the production of bread and other bakery products, particularly within the in-store bakery segment. The company is headquartered in the Greater Toronto Area and is led by Rob Wheeler, who possesses 35 years of experience in the food manufacturing sector. Under his leadership, Redstone has expanded its operational footprint across several facilities, establishing itself as a leader in co-packing and private label manufacturing in the region.
Industry Overview in Canada
The Canadian food and beverage industry has undergone significant transformations in recent years, driven by evolving consumer preferences and an increasing demand for high-quality, locally sourced products. The market for pre-packaged and fresh bakery items has seen particular growth, as consumers prioritize convenience and quality in their food choices. With a continuous focus on health and wellness, many companies are innovating their offerings to include organic and gluten-free options.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Additionally, the rise of e-commerce has changed the landscape of food distribution, with more consumers purchasing bakery products online and seeking home
Similar Deals
Kilmer Group → English Bay Batter
2023
Sagard Placements Privés Canada → Groupe Courchesne Larose
2022
Union Park Capital → Sightline Process Control, Inc.
2019
TorQuest Partners Inc. → Herbal Magic ULC
2006
Clairvest Group Inc.
invested in
Redstone Food Group
in 2024
in a Other Private Equity deal
Disclosed details
Transaction Size: $300M