Caisse invests $2.5 mln in craft beer maker Glutenberg

Caisse de depôt et placement du Québec has invested $2.5 million in Glutenberg Holding Co, a Montréal-based producer of craft beers and spirits. The Caisse, which invested through Fonds Espace CDPQ, did the deal in partnership with BDC Capital, which provided loans totalling $2.5 million. Founded in 2010 by CEO Julien Niquet and COO David Cayer, Glutenberg produces gluten-free craft beer via an in-house microbrewery. Through Oshlag and Transbroue it also makes and distributes alcoholic beverages. The deal will allow the company to expand operations in Québec, develop new markets globally, and create a financial arm, Glutenberg Capital.

DealsCanadaNorth AmericaBriefs