Raymond Chabot Grant Thornton acts as exclusive financial advisor to Nature’s Touch on a refinancing transaction.
Founded in 2004 and based in Montréal, Quebec, Nature’s Touch Frozen Foods is Canada’s pre-eminent supplier of frozen fruit products. From very humble beginnings, the Company has never wavered from striving to provide their customers with the highest-quality products.
Today, Nature’s Touch employs over 450 people and processes approximately 120 million pounds of frozen fruits every year in 3 plants strategically located in Montréal (Quebec), Abbotsford (British Columbia) and Front Royal (Virginia).
The Company is also a branded player, having secured the North American license to produce Welch’s frozen fruits in 2010 and operating its own brands, Nature’s Touch and Nature’s Touch Organic. Nature’s Touch has a portfolio of over 100 different SKUs of frozen fruits, blends, smoothie kits and vegetables, both in the conventional and organics spheres.
Nature’s Touch called on Raymond Chabot Grant Thornton’s Corporate Finance team to review and optimize its financial structure. Raymond Chabot Grant Thornton acted as exclusive financial advisor to the Company, which now has a streamlined, adaptable and flexible structure that will allow it to seize new business opportunities in a very active industry.
“It was a pleasure working with Raymond Chabot Grant Thornton our refinancing process. We were working with a tight timeline and they were able to accommodate all our requests, which helped us in closing the transaction as soon as it was possible to do so” states Maxime Boutin, CFO of Nature’s Touch. “Their knowledge of the market was a significant asset in improving our financing structure.”
To learn more about how Raymond Chabot Grant Thornton can meet your company’s financial advisory needs, please contact our deal team.
About Raymond Chabot Grant Thornton
Raymond Chabot Grant Thornton is a Canadian leader in the areas of assurance, tax, financial advisory and business recovery and reorganization. Our leading mid-market focused corporate finance advisory team provides sector-specific advice on mergers, acquisitions and divestitures; debt and equity capital markets.
We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities. A member company of Grant Thornton International and the Canadian counterpart of Grant Thornton LLP, Raymond Chabot Grant Thornton has more than 2,500 employees and is one of the world’s largest professional services network made up of 50,000 people in over 135 countries.