Bonduelle SCA (ENXTPA:BON) is discussing a sale of a 65% stake in its North American unit Bonduelle Americas Long Life (BALL) at an enterprise value of CAD 850 million (USD 664.9 million/EUR 623.8 million). The discussions are underway with Canadian institutional investors Fonds de solidarite FTQ and Caisse de depot et placement du Quebec (CDPQ), a press release said on May 24, 2022. The sale talks come as a result of a strategic review of the group's activities announced in September 2021.

“The transaction with the Fonds de solidarité FTQ and CDPQ would allow BALL to pursue its development in a North American market that is constantly consolidating and to finance its growth and profitability investments, without any new allocation of capital by the Bonduelle Group,” Bonduelle's CEO Guillaume Debrosse noted in the statement.