Canadian Manufacturing

Mach Capital invests in K&Y Diamond Ltd.

by CM Staff   

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President of K&Y Rene Guillaume will retain his ownership in the company and remain in his current role.

Logo Mach Capital (CNW Group/MACH Capital)

MONTREAL —  K&Y Diamond Ltd. says that Mach Capital Inc. has made a “significant” investment in the company, though it has not specified how much it has received from Mach Capital.

President of K&Y Rene Guillaume will retain his ownership in the company and remain in his current role.

Vincent Chiara, Ben Vendittelli and Alfred Buggé will join Guillaume on the board of directors. They are partners of Mach Capital with more than 60 years of corporate finance and M&A experience, including acting as advisories to companies on cross-border expansion plans.

“This is an exciting new chapter for K&Y Diamond,” said Guillaume in a statement.

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“K&Y’s partnership with MACH Capital will allow the company to further accelerate its growth trajectory and support the Company in the next phase of its development.”

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