21 Mar Atlas Advisors acted as advisor to L Catterton in the divesture of Naya Waters to Champlain Financial corporation and GefCo

MONTREAL, Canada – Champlain Financial Corporation and GefCo, have acquired Naya Waters, now returning Naya Waters to a 100% Quebec owned and operated company

Naya Waters, a Quebec company for the past 35 years, offers natural spring water of exceptional quality. This acquisition makes the Mirabel, Quebec based business well positioned to accelerate its development and promotion of new products and packaging across the country. With more than 80 people employed at the Mirabel facility, Naya has forged partnerships with leading retailers across Canada, making the company well positioned to ensure continued growth and prosperity. With a brand image refreshed in 2018 along with many strong associations, Naya is now well positioned to continue its long-standing love story with Quebec consumers.

Terms of the transaction were not disclosed.