News

Rougemont, Quebec, September 28, 2018 – Lassonde Industries Inc. (TSX: LAS.A) announces that it intends to acquire for cancellation, if considered advisable, a certain number of Class “A” subordinate voting shares of its share capital by means of open market transactions through the facilities of the Toronto Stock Exchange (TSX) or alternative trading systems, in accordance […]

Rougemont, Quebec, August 10, 2018 – Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde”) posted sales of $390.9 million in the second quarter of 2018, of which $12.4 million came from the recently acquired Old Orchard Brands, LLC (“OOB”). Excluding OOB’s sales and a $9.5 million unfavourable foreign exchange impact, adjusted sales were up 1.2% year over year. Second-quarter profit attributable to the […]

Rougemont, Quebec, August 10, 2018 – 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 August 22, 2018, will receive a quarterly dividend of $0.81 per share, payable on September 14, 2018. The […]

Rougemont, Quebec, May 31, 2018 – Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde”) completed the previously announced acquisition of Old Orchard Brands, LLC, a fruit juice and beverage manufacturing company based in Sparta, Michigan, for a total cash consideration of US$148.9 million. This amount includes US$2.9 million in preliminary working capital adjustments and is subject to potential additional working capital and other adjustments. An additional consideration of […]

Rougemont, Quebec – Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde”) announces that all the nominees listed in the Management Proxy Circular dated March 26, 2018 were elected as Directors of Lassonde. The detailed results of the vote for the election of Directors held today at its Annual General Meeting in Montreal are set out below. Nominees […]

Rougemont, Quebec – Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde”) posted sales of $357.7 million in the first quarter of 2018. Excluding a $9.8 million unfavourable foreign exchange impact, adjusted sales were down 0.9% year over year. Profit attributable to the Company’s shareholders for this period totalled $14.5 million, up $1.4 million or 11.2% from the first quarter of 2017. Financial highlights (in […]

Rougemont, Quebec – 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 May 22, 2018, will receive a quarterly dividend of $0.81 per share, payable on June 15, 2018. The dividend is an […]

Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde”) has reached an agreement to acquire Old Orchard Brands, LLC, a family-owned juice and beverage company based in Sparta, Michigan, for a total cash consideration of US$146.0 million (subject to working capital and other adjustments) payable upon closing of the transaction. By way of additional consideration, a further amount of […]