Agro-100 Limited has been acquired by La Coop fédérée and Agrocentre
The management of Agro-100 Limited and Fond de Solidarité FTQ have sold Agro-100's retail division to La Coop fédérée, Agrocentre Lanaudière Inc. and Agrocentre Technova Inc.
Agro-100 is an agri-business specializing in the research, manufacturing and marketing of high technology agricultural products, that capitalizes on the recovery of residual fertilizing matter. Agro-100 has two operating division: wholesale and retail. The firm's retail division, which is based in Batiscan and Joliette in the province of Quebec, has a volume of approximately US$20 million. The products are sold in Quebec, Ontario, the North East of the USA and Mexico.
Founded in 1922, La Coop fédérée is the largest agri-food company in Quebec, the only Canada-wide agricultural cooperative, and the world’s 24th-largest agri-food cooperative. It represents more than 120,000 members, agricultural producers and consumers grouped into nearly 70 cooperatives with operations in several Canadian provinces. It employs 13,150 people and has US$6.3 billion revenue.
Agrocentre Lanaudière and Agrocentre Technova are retail centers, each on its own territory, that sell Agro-100 and La Coop fédérée's products. These two entities are owned 50% by La Coop fédérée and 50% by entrepreneurs.
Fond de Solidarité FTQ is a private equity funded by workers with tax incentives. Its mission is to earn a return and also support economic development of businesses in the province of Quebec.
Oaklins' team in Canada advised the seller in this transaction.
Talk to the deal team
Senior AdvisorMontreal, Canada
Oaklins E. Canada
Managing PartnerMontreal, Canada
Oaklins E. Canada
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