THE DANDURAND GROUP HAS CONCLUDED THE ACQUISITION OF STATION 22 (FORMER HOUSE OF FUTAILS)

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MONTREAL, October 14, 2022 /CNW/ – Groupe Dandurand, as majority shareholder, and in partnership with the Fonds de solidarité FTQ, is pleased to announce that the acquisition of Station 22, a Canadian producer, distributor and bottler formerly known as of Maison des Futailles, is now complete.

“We look forward to welcoming the talented team at Station 22 to the Dandurand family and merging our respective corporate cultures and capabilities in a spirit of partnership,” said Hugues Gautier, CEO of the Dandurand Group. “This important step will allow us to solidify a fully integrated global beverage network with strong roots in Canada, allowing us to offer an all-in-one business model that will include bottling, creative options, distribution, marketing and sales support.

The Dandurand Group is a Canadian agency and importer of family-run alcoholic beverages. For 54 years, it has provided Canadian consumers, suppliers, customers and partners with a strategically constructed portfolio of premium brands from around the world. Over the years, the Dandurand Group has become synonymous with excellence in the field of alcoholic beverages in Canada.

“The Dandurand Group, through its acquisition of Station 22, is once again positioning its vast expertise on the market. A lot of ground has been covered since our investment in the Maison des Futailles and we are proud to invest ourselves again in this great adventure. . The Fund is privileged to be able to contribute to the growth of this family business and to support it in the conquest of new markets”, declares Dany PelletierSenior Vice-President, Private Equity and Impact Investments, Fonds de solidarité FTQ.

ABOUT DANDURAND GROUP (PHILDAN INC)

With more than 240 employees and 54 years of experience, the Dandurand Group is a Canadian family agency and a specialized importer in the alcoholic beverage industry in the country. The group includes Dandurand, Univins & Spirits and GALLEON. Its diversified portfolio of strategically selected suppliers makes Dandurand Group an influential player in the alcoholic beverage industry.

ABOUT STATION 22

Station 22 is a producer, distributor and bottler proudly established in Quebec for over 100 years. The company currently produces over 6 million bottles of spirits, 48 ​​million canned beverages and nearly 24 million bottles of wine each year. It operates a bottling plant in Montreal and its products are enjoyed by millions of consumers across North America. Station 22 has been owned by Kruger and the Fonds de solidarité FTQ since 2006.

ABOUT THE SOLIDARITY FUND QFL

The Fonds de solidarité FTQ invests in a better society thanks to the savings of its 748,371 shareholders. Through its development capital and venture capital investments, the Fund aims in particular to contribute to the transition to a greener economy, a human-centered work environment and a healthier society. It provides businesses with unsecured financing and strategic support. With net assets of $170.4 billion au May 31, 2022the Fund supported 3,620 partner companies and 296,927 jobs.

NATIONAL SOURCE Public Relations

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