Key Takeaways
- • Power Sustainable Lios Inc., a private equity platform of Power Sustainable (an alternative asset manager subsidiary of Power Corp. of Canada), has acquired Fine Choice Foods Ltd. from U.S. private equity firm Swander Pace Capital.
- • Financial terms of the transaction were not immediately disclosed.
- • The deal includes co-investments from Farm Credit Canada, Bonnefield Financial Inc. and members of Fine Choice Foods' senior management team.
- • Fine Choice Foods, founded in 1986, makes refrigerated Asian appetizers including spring rolls, gyoza, bao and apple pie rolls, owns the Summ! brand, employs more than 300 people and serves Canadian and U.S. markets.
Summary
Power Sustainable Lios Inc. has bought Fine Choice Foods Ltd., a Richmond, B.C.-based maker of refrigerated Asian appetizers and owner of the Summ! brand, according to The Canadian Press. The company announced the transaction on October 22, 2026. Financial terms were not immediately available.
Power Sustainable Lios is a private equity platform of Power Sustainable, an alternative asset manager that is a subsidiary of Power Corp. of Canada. The target was acquired from Swander Pace Capital, a U.S. private equity firm.
The transaction includes co-investments from Farm Credit Canada, Bonnefield Financial Inc. and members of Fine Choice Foods' senior management team, indicating a mix of institutional, specialty lender and management participation in the deal.
Founded in 1986, Fine Choice Foods specializes in spring rolls, gyoza, bao and apple pie rolls. The company has more than 300 employees and serves both Canadian and U.S. markets.
Power Sustainable Lios is a private equity platform of Power Sustainable, an alternative asset manager that is a subsidiary of Power Corp. of Canada. The target was acquired from Swander Pace Capital, a U.S. private equity firm.
The transaction includes co-investments from Farm Credit Canada, Bonnefield Financial Inc. and members of Fine Choice Foods' senior management team, indicating a mix of institutional, specialty lender and management participation in the deal.
Founded in 1986, Fine Choice Foods specializes in spring rolls, gyoza, bao and apple pie rolls. The company has more than 300 employees and serves both Canadian and U.S. markets.
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