On June 18, 2021, Avril Supermarché, an independent, Quebec-based health food store chain, announced the closing of a transaction under which Desjardins Capital became a minority shareholder in order to support the chain’s growth in Quebec.
The financing obtained will support Avril’s development plan, which includes opening a dozen more supermarkets over the next five years. The transaction was preceded by a major corporate reorganization.
Lavery Lawyers feels privileged that Avril Supermarché, a long-standing client, reaffirmed its confidence in the firm by allowing it to contribute to Avril’s growth and support its founders and managers, Sylvie Senay and Rolland Tanguay, in all stages of the transaction.
The Lavery team that worked with Avril Supermarché was led by Christian Dumoulin and composed of Jean-François Bilodeau, Dave Bouchard, Sophie Goulet, Katy Pelletier and Catherine Voyer.