Groupe Triani, Receivership

Groupe Triani, a Québec-based group of companies which produce and distribute a variety of alcoholic beverages across Canada and the US, were placed into receivership on June 10 on application by Roynat, Farm Credit Canada and CIBC, owed over $54 million.

Triani Group distributes a variety of alcoholic products including under the Glutenberg, Oshlag and Vox Populi brands, as well as non-alcoholic beverages under the Hickson brand.

Triani was acquired by the Prime Drink Group in 2024 in a move that was intended to stabilize the business. However, financial and operational conditions have continued to deteriorate post-sale, and litigation has since arisen between Prime Drink Group and the prior owners.

Raymond Chabot, previously appointed information officer in April, is the receiver.

Counsel is Miller Thomson for Roynat, Cain Lamarre for Farm Credit Canada and McCarthy Tétrault for CIBC.