Fundz

Lios acquires Fine Choice Foods for growth

PRIVATEOct 22, 2026

Acquiring Company

Power Sustainable Lios

Acquired Company

Fine Choice Foods

TorontoRichmondFood and BeverageAgriculture and FarmingFood ProcessingFood and BeverageHospitalityFood Processing

Description

Power Sustainable Lios Inc. has acquired Fine Choice Foods Ltd., a North American maker of refrigerated Asian appetizers and owner of the SUMM!® brand. Farm Credit Canada and Bonnefield Financial Inc. co-invested alongside Lios, and Fine Choice's senior management will remain significant partners. The deal is the fifth investment in Lios Fund I.

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Company Information

Company

Power Sustainable Lios

Location

Toronto, Ontario, Canada

About

Power Sustainable Lios Inc. is the specialist food-focused private equity platform of Power Sustainable. It invests in established food businesses positioned to benefit from changes in how food is produced, distributed, and consumed.

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Frequently asked

Who acquired Fine Choice Foods?

Fine Choice Foods was acquired by Power Sustainable Lios, based in Toronto. The deal was reported on October 22, 2026. Power Sustainable Lios Inc. is the specialist food-focused private equity platform of Power Sustainable. Power Sustainable Lios is privately held and operates in Food and Beverage.

When did Power Sustainable Lios acquire Fine Choice Foods?

Power Sustainable Lios's acquisition of Fine Choice Foods was reported on October 22, 2026. Power Sustainable Lios Inc. has acquired Fine Choice Foods Ltd., a North American maker of refrigerated Asian appetizers and owner of the SUMM!® brand. Farm Credit Canada and Bonnefield Financial Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Fine Choice Foods do?

Fine Choice Foods is a leading producer of Asian-inspired foods in North America, specializing in products like spring rolls, gyoza dumplings, and the original apple pie roll under the SUMM! brand. It is privately held, operating in Food and Beverage, and is based in Richmond.

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