Canada’s Groupe St-Hubert sets out capex plans

Canada-based Groupe St-Hubert plans to put successful its nutrient manufacturing arm.

The institution contiguous (9 April) acceptable retired capex plans for some sides of its concern – nutrient accumulation and restaurants.

In a statement, Groupe St-Hubert said it is making “massive investments” successful its nutrient manufacturing plants successful 2 suburbs of Montreal – Blainville and Boisbriand.

The radical said it volition put much than C$11m astatine the factories plants to adhd caller accumulation lines and modernise equipment.

The institution produces and distributes nutrient products nether the St-Hubert brand, arsenic good arsenic nether 26 different brands.

“This assemblage is booming, arsenic this twelvemonth unsocial the institution plans to motorboat 27 caller products nether the St-Hubert marque and 63 caller products nether different brands,” it added.

Groupe St-Hubert said it besides plans to walk C$650,000 to physique a caller R&D centre successful Boisbriand. The tract should beryllium completed this year, it added.

The edifice concern is to person astir C$40m to put successful its outlets.

More than 20 restaurants volition beryllium renovated successful Quebec, and 9 much volition beryllium opened by 2026, the radical said.

The radical has 121 restaurants, 90% of which are successful Quebec, with the remainder successful Ontario and New Brunswick. It has a web of 91 franchisees.

“These fiscal commitments volition consolidate the celebrated chain's presumption of enactment successful the nutrient industry, successful the areas some of restaurants and of market products,” the institution added.

Groupe St-Hubert was acquired by Canadian edifice radical Cara Operations successful 2016.

"Canada’s Groupe St-Hubert sets retired capex plans" was primitively created and published by Just Food, a GlobalData owned brand.

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