M&A NEWS

Power Sustainable Lios buys SUMM! maker Fine Choice Foods

Power Corporation's food buyout platform makes its fifth fund investment, taking the British Columbia appetizer maker from Swander Pace

M&A News deals deskConsumer / Packaged food · Canada, Americas22 Oct 2026

Power Sustainable Lios said on 22 October 2026 that it had led the acquisition of Fine Choice Foods, a Richmond, British Columbia producer of spring rolls, gyoza, lumpia and bao buns sold under the SUMM! brand.

Why Power Sustainable Lios (Lios Fund I), with Farm Credit Canada and Bonnefield is buying Fine Choice Foods Ltd.

Lios said the deal supports Fine Choice's growth across North America. It forms part of Power Sustainable's plan to invest and mobilise more than C$10bn in Canadian projects and companies over five years.

“Fine Choice is exactly the type of business we look for at Lios”Jonathan Belair, Managing Partner, Power Sustainable Lios

Deal terms and financing

Financial terms were not disclosed. Farm Credit Canada, Bonnefield Financial and members of Fine Choice's senior management are co-investing, and the existing executive team will continue to run the business.

Market context

Fine Choice, founded in 1986, operates two plants in British Columbia and sells through club, grocery, foodservice and e-commerce channels. It was acquired by Swander Pace Capital in 2018. Lios's previous investment was Crofter's Organic.

More Canada M&A news

All Canada deals →