Fonds de solidarité FTQ invests $5 mln in food producer Viau
Canadian private equity and venture capital firm the Fonds de solidarité des travailleurs du Québec FTQ has invested $5 million in Produits alimentaires Viau Inc, an independent producer and distributor of deli products. The deal allowed Viau to open new facilities in Laval, Québec, optimize its Montréal-Nord plant, and acquire technology that uses safe natural water to eliminate potential pathogens in its finished products. Established in 1977, the company is based in Laval. Since their inception, the Fonds de solidarité FTQ and its Fonds régionaux de solidarité FTQ have invested more than $504 million in 108 companies in the agrifood sector.
12 June 2014•3 mins read
