SGF Sells Its Atrium Innovations Shares

MONTREAL, Nov. 3 2010 /CNW Telbec/ - Société générale de financement du Québec (SGF) announces it has finalized the sale of its Atrium Innovations investment through the disposal of the 1,221,084 share block it still held.

"The relationship between SGF and Atrium benefited both corporations, said Mr. Pierre Shedleur, President and General Manager at SGF. At the time of our initial $13.5 million investment, back in 2000, Atrium Innovations was a private corporation boasting a US$ 6 million income. Today, it is a world-renowned player in the natural health product market, with revenues totaling over US$350 million. We are thrilled to have been able to contribute to its development."

Atrium Innovations is a world-renowned leader in the development, formulation, manufacturing and marketing of natural health products that are both scientifically proven and recommended by health professionals. The corporation offers a wide selection of finished health and dietary products through its highly specialized sales and marketing network in over 35 countries, mainly in North America and Europe. Now in excellent financial health, Atrium Innovations boasts over 925 employees.

About SGF
Société générale de financement du Québec (www.sgfqc.com), an industrial and financial holding company, has a mission to carry out economic development projects, particularly in the industrial sector, in cooperation with partners and in compliance with accepted profitability requirements and with the economic development policy of the Québec government. As part of its new mandate, SGF is authorized by the Québec government to go beyond its traditional role as an equity investor by offering complementary solutions, such as loans, debentures or preferred capital-share investments.

For further information:

Sophie Alarie,
Director, Marketing and Public Relations
514 876-9368
s[email protected]