Québec Parmentier announced the acquisition of two potato production companies, Les Fermes Petite Nation and Les Pommes de terre du Témiscamingue, located in the Outaouais and Témiscamingue regions, thus bringing its total annual production to nearly 300 million pounds.
According to CEO, Pierre Chouinard, “This transaction fits in with Québec Parmentier's sustainable growth plan and is in line with our goal of becoming a leader in the Canadian potato sector, thereby ensuring consistent and dependable supply to our customers all year round”.
At the same time, Québec Parmentier is pleased to announce that Préval AG and Les Pommes de terre Cardinal have joined the organization as new shareholders. As leaders in their respective fields of activity, they provide complementary expertise to the organization.
Préval AG Inc., North America’s leader in veal production, is also involved in the agricultural sector (veal, beef, lamb, field crops, vegetable crops, grain processing). For its part, Les Pommes de terre Cardinal, a family business since 1952, cultivates 2,000 acres (1,000 of which are potatoes), in addition to owning a packing station.
“Québec Parmentier is a story of producers who came together to innovate and redefine potato marketing. We offer solutions that meet the needs of our clients; the well-suited expertise of our two new shareholders will allow us to pursue our mission. This is further proof of the success of our model, of which we are very proud," declared Kevin Rivard, president of Québec Parmentier.
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