Fonds de solidarité FTQ invests in growth of Chocmod Canada
The Fonds de solidarité FTQ has made an investment in the Canadian subsidiary of France's Chocmod, a global manufacturer and distributor of cocoa truffles. The deal, the financial terms of which were not released, provided the Fonds will a minority stake in the business. Its investment, supported by a loan from National Bank of Canada, will help finance Chocmod's continued growth in North America from its base in Saint-Jean-sur-Richelieu, Québec. The company's plant in Saint-Jean-sur-Richelieu was opened in 2011 and exports truffle products to the United States.
19 April 2017•3 mins read
