TORONTO — Stephano Group Ltd, a family-owned bar, cereal and snack manufacturer based in Ontario, has received a minority growth equity investment from the Canadian Business Growth Fund (CBGF) to accelerate its ambitious plans for growth.
Stephano Group is a leading Canadian consumer-packaged goods (CPG) food manufacturing business, which has been run by the Frank family for more than 40 years.
Currently operating two manufacturing sites and ten production lines, Stephano Group produces branded and private-label breakfast and snack foods. Its portfolio includes products that are organic, non-GMO, kosher, gluten-free and allergen-free.