News

Rougemont, Quebec, March 29, 2019 – Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde”) posted sales of $1,594.0 million in 2018. Excluding the $66.9 million in sales by Old Orchard Brands, LLC (“OOB”) and a $1.0 million unfavourable foreign exchange impact, sales were up $2.0 million year over year. The 2018 profit attributable to the Company’s shareholders totalled $66.4 million compared to $89.9 million […]

Myth No. 1: All juice contains added sugar Reality Nothing but natural fruit sugar ‒ that’s what’s in 100% fruit juice and juice blends. Under Canadian and American law, only beverages made from fruit, and nothing but fruit, can make the “100%” claim and mention “100% fruit” and/or “no sugar added” on their product label. So […]

Rougemont, Quebec, February 15, 2019 – Lassonde Industries Inc. (TSX: LAS.A) (̎”Lassonde” or the “Company”) is today announcing preliminary unaudited results for its fourth quarter and fiscal year ended December 31, 2018. These preliminary unaudited results are based on the information available to the Company on the release date of this press release and could vary once the preparation and audit work […]

Rougemont, Quebec, February 14, 2019 – Lassonde Industries Inc. (TSX: LAS.A) is pleased to announce that, in accordance with its dividend policy, holders of Class A subordinate voting shares and Class B multiple voting shares registered as at February 26, 2019, will receive a quarterly dividend of $0.81 per share, payable on March 15, 2019. The […]

There are still so many stories left to tell! Like the tale of the crack team that succeeded in integrating two separate systems over the course of a single weekend following a corporate acquisition. Or the one about the ingenious purchasing manager who managed to circumvent a shortage of exotic fruit caused by an extreme […]

Ever since their initial foray into Boston and Miami, Lassonde’s management team had been thinking about how to gain a foothold in the United States. Conscious of the limits of the Canadian marketplace, Lassonde Industries’ President and Chief Operating Officer Jean Gattuso held out for just the right opportunity. Patience is also part of Lassonde’s […]

As we saw in the last column, Lassonde launched Arista Wines in 2006. This promising subsidiary allowed the company to use its expertise and technology to best advantage. Maximizing its assets, whether in the form of knowledge, physical plant, equipment or land, was always one of Lassonde’s guiding principles. Lassonde has deep roots in what […]

In the mid-2000s, Lassonde Specialities was doing well – very well, in fact. As you may recall, this subsidiary grew out of the acquisition of Produits Ronald with its plant in Saint-Damase. Its corn on the cob, sold locally under private labels, was a big hit, especially in northern Europe. Lassonde Specialities was actually the […]