Canada’s Groupe St-Hubert sets out capex plans
From Yahoo Finance: 2025-04-09 08:33:00
Canada-based Groupe St-Hubert plans to invest over C$11m in food manufacturing plants in Montreal suburbs Blainville and Boisbriand. The company will add new production lines and modernize equipment to launch 27 new products under the St-Hubert brand and 63 under other brands.
Additionally, Groupe St-Hubert will spend C$650,000 to build a new R&D center in Boisbriand and allocate C$40m to renovate more than 20 restaurants in Quebec. The company aims to open nine new outlets by 2026, reinforcing its leadership in the food industry with 121 restaurants and 91 franchisees.
Acquired by Cara Operations in 2016, Groupe St-Hubert’s strategic investments reflect its commitment to growth and innovation, solidifying its position in both the restaurant and grocery product sectors. The company’s expansion plans highlight its dedication to meeting consumer demand and staying competitive in the market.