Les Industries Bernard & Fils is one of the world’s leading manufacturers of maple syrup
Valeo Foods, the Dublin-based consumer foods giant, has made its first acquisition outside Europe, agreeing a deal to buy Les Industries Bernard & Fils, a Canadian maple syrup business, for an undisclosed sum. The company acquired the Canadian maple syrup business from Phoenix Partners, a Montreal-based private equity group focused on acquiring controlling interests in traditional and mid-market businesses. Valeo said the deal will add €95 million to its annual revenues, which topped €1 billion...
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