Bonduelle enters into exclusive negotiations with the Fonds de solidarité FTQ and Caisse de dépôt et placement du Québec (CDPQ)

The Bonduelle Group announces that it has entered into exclusive negotiations with the institutional investors Fonds de solidarité FTQ and Caisse de dépôt et placement du Québec (CDPQ), with a view, for these investors, to acquiring 65% of Bonduelle Americas Long Life (BALL) and based on a 100% enterprise value of C$ 850 million (approximately  625 million), representing a 2020-2021 EBITDA multiple of 8.2x.

 

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