Caisse de dépôt, Agropur to invest $40 mln in dairy industry
Caisse de dépôt et placement du Québec and Agropur Cooperative, a Longueuil, Québec-based dairy cooperative, said they will set up a joint dairy-focused investment platform. The platform will commit $40 million to companies specializing in dairy-related products and technologies. Robert Coallier, CEO of Agropur, said the strategy will help anticipate the "needs of our customers and consumers and create the dairy products of tomorrow." In 2016, Agropur raised financing from the Caisse, Fonds de solidarité FTQ, Capital régional et coopératif Desjardins, Fondaction CSN and other investors.
14 February 2018•3 mins read
