M&A Deal Summary

Cult Yogurt and Lait Kaiser Acquire Laiterie Chagnon

On March 6, 2017, Cult Yogurt and Lait Kaiser acquired food company Laiterie Chagnon

Acquisition Highlights
  • This is Cult Yogurt’s 1st and Lait Kaiser’s 1st transaction in the Food sector.
  • This is Cult Yogurt’s 1st and Lait Kaiser’s 1st transaction in Canada.
  • This is Cult Yogurt’s 1st and Lait Kaiser’s 1st transaction in Quebec.

M&A Deal Summary

Date 2017-03-06
Target Laiterie Chagnon
Sector Food
Buyer(s) Cult Yogurt
Lait Kaiser
Deal Type Add-on Acquisition

Target

Laiterie Chagnon

Waterloo, Quebec, Canada
Laiterie Chagnon (Chagnon Dairy) is a producer of an over 4 million litres of fluid milk, butter, ice cream and other dairy products. Chagnon’s milk run of 20 farms transports 10 million litres of milk each year. Chagnon cultured churned butter is a hit with American chefs.

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Buyer(S) 2

Buyer

Cult Yogurt

Montreal, Quebec, Canada

Category Company
Sector Food
DESCRIPTION

Cult Yogurt is a producer of Greek Yogourt, drinkable Kefir and 5% Whole Milk from Jersey Cows. Master artisan Eloise pasteurizes, ferments and strains her Greek Yogurt with milk fresh from small family-owned Jersey cow farms.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 1
Buyer

Lait Kaiser

Noyan, Quebec, Canada

Category Company
Sector Food
DESCRIPTION

Lait Kaiser, Inc. is an owns and operater of an Imperiale Farms in Noyan, which produces 1,500,000 litres of milk a year, and have created the Vita Lait brand non-GMO fluid milk, a milk for families with similar benefits to organic milk at the price of conventional milk.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 1