NotFiftyOne

Boulangerie St-Méthode

Canadian-owned · made in Canada · based in Quebec

Sliced breads across three health-focused lines, baked at two Quebec plants.

Adstock, QC CA · boulangeriestmethode.com

Found at Loblaws Sobeys Metro Costco Walmart
74.3

Quebec bakery founded in 1947 by the Faucher family in Adstock; family control ended in December 2023 when Swander Pace Capital, a San Francisco private equity firm, joined Quebec's Caisse de dépôt et placement and Roynat Capital to buy a majority stake. Bread is still made at the Adstock and Magog plants from Quebec wheat flour, and it reaches shelves at IGA, Metro, Super C, Loblaws, Maxi, Provigo, Walmart and Costco.

Factors

Ownership

35.0 reported

CA 50% · US 50%

Family-run since 1947, but Radio-Canada reported that Swander Pace Capital, a San Francisco private equity firm, joined the Caisse de dépôt et placement du Québec and Roynat Capital to buy a majority stake in December 2023. The three parties' individual shares were not disclosed, so this mix assumes roughly even split between the US sponsor and the two Canadian investors; the Registraire des entreprises du Québec is blocked to automation and could not confirm exact holdings.

  • Trois nouveaux gros actionnaires pour la Boulangerie St-Méthode press “Swander Pace Capital (SPC), la Caisse de dépôt et placement du Québec (CDPQ) et les Partenaires d'investissement Roynat s'associent pour faire l'acquisition d'une majorité des actions de l'entreprise Boulangerie St-Méthode.”
  • La Boulangerie St-Méthode — Histoire et vision vendor_statement “Acquisition de l'entreprise par trois nouveaux actionnaires. Le siège social et la direction générale de l'entreprise demeurent à Adstock, au Québec, où des membres de la famille fondatrice sont toujours actifs.”
  • Swander Pace Capital | LinkedIn other “SPC is a private equity firm focused on investing in family- and founder-owned consumer staples businesses.”

Manufacturing

100.0 reported

CA 100%

All bread is made at the company's two Quebec plants, in Adstock (head office) and Magog, both listed on the vendor's own contact page.

  • Contactez-nous | Boulangerie St-Méthode vendor_statement “Boulangerie St-Méthode 14, rue Principale Est Adstock (Québec) G0N 1S0 ... Usine de Magog 1740, boul. Industriel Magog (Québec) J1X 4V9”

People

100.0 reported

CA 100%

Head office and both production plants are in Quebec; the careers page puts the workforce at more than 400 people, all based at the Adstock and Magog sites.

Inputs

80.0 reported

CA 75% · other 25%

The vendor says its breads use flour that is entirely Quebec-grown wheat, the largest input by weight across all three lines. The Campagnolo line adds imported olive oil and sugar, and the Grains line includes quinoa and chia, so about a quarter of inputs is estimated as non-Canadian.

Where to buy

Grocers

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