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Kruger bottles up business


September 5, 2006
By Pulp & Paper Canada

Kruger has bought up the Maison des Futailles, a Quebec wine maker and bottler of alcoholic products.

Kruger has bought up the Maison des Futailles, a Quebec wine maker and bottler of alcoholic products.

The transaction puts a substantial $68.7 million in the liquor agency’s pockets, as well as the Quebec Federation of Labour’s pension fund, the previous owners of the enterprise. Under the terms of this deal, they will retain a total of 25% interest in the business.

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“We’re very happy to be able to participate with them in a new state of development,” Donald Cayouette, a Kruger vice-president said of the purchase, and the Maison des Futailles’ growing business.


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