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Colabor Group to ask Quebec Superior Court for CCAA protection from creditors

Colabor Group secured interim debtor-in-possession financing from major banks and appointed a monitor to oversee restructuring under CCAA protection, preserving operations during sale process.

  • The Superior Court of Quebec issued an initial CCAA order on Jan. 8, 2026, granting Colabor Group Inc. and certain subsidiaries court protection.
  • To restructure its debts and operations, Colabor Group Inc. asked the Court to approve a sale and investment solicitation process and interim financing to fund the SISP and the Company's operations.
  • The Initial Order authorizes a secured super-priority interim credit facility as DIP Financing, with The Toronto-Dominion Bank, The Bank of Montreal and The Bank of Nova Scotia as DIP lenders.
  • Management of Colabor Group Inc. will keep control under the Monitor's oversight; Marc-Antoine Daoust is CFO, Yanick Blanchard is Chief Restructuring Officer.
  • The company warned its press release contains forward-looking statements affecting customers and stakeholders in Quebec and the Atlantic provinces, with further updates from the Company and the Monitor.
Insights by Ground AI

22 Articles

Lean Left

The Colabor Group, a major supplier of food for hospitals and CHSLD, is filing a request for protection against its creditors.

·Montreal, Canada
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Center

The Saint-Bruno-de-Montarville company wants to start a process of sale or demand for investment.

·Montreal, Canada
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Lean Left

Saint-Bruno Colabor's distributor and food wholesaler turned to the courts to seek protection against its creditors in order to conduct a formal process of selling different subsidiaries.

·Montreal, Canada
Read Full Article
Winnipeg Free PressWinnipeg Free Press
+9 Reposted by 9 other sources
Center

Colabor Group to ask Quebec Superior Court for CCAA protection from creditors

Breaking News, Sports, Manitoba, Canada

·Winnipeg, Canada
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Bias Distribution

  • 74% of the sources lean Left
74% Left

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Winnipeg Free Press broke the news in Winnipeg, Canada on Thursday, January 8, 2026.
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