St-Méthode Bakery changes ownership

Quebec-based St-Méthode Bakery (BSM) has seen a reshuffle in its ownership. Swander Pace Capital has partnered with equity partners CDPQ and Roynat to acquire a majority stake of the of value-add fresh bread supplier.

“We are delighted to partner with BSM and its existing management team on this exciting and well-known bakery platform that leverages our unique experience in both the bakery sector and the Québec market,” said Tyler Matlock, managing director, Swander Pace Capital. “Throughout its 75-year history, BSM has been a leader in consistently delivering high quality and innovative new products to the category. We are excited to continue that tradition of excellence and help accelerate the growth of the brand in new products and end markets.”

Located in the Chaudière-Appalaches region of Québec, BSM will continue to supply customers throughout Québec and other markets from its flagship bakery in Adstock.

Financial details have not been disclosed.