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2018-12-13 Chronicles
Column 47: Lassonde in the U.S.A.

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 […]

2018-11-27 Chronicles
Column 46: Beyond wine

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 […]

2018-11-27 Chronicles
Column 45: A natural fit

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 […]

2018-11-14 Chronicles
Column 44: Did you say wine?

As 21st century dawned, Lassonde was bubbling with ideas. Some of them came rather out of the blue but nevertheless proved most promising. It all started when Jean Gattuso, President and Chief Operating Officer of Lassonde Industries, returned from vacation in the land of his birth with a bottle of wine, which he left on […]

2018-11-14 Chronicles
Column 43: The Lassonde identity – Here, there and everywhere

In the mid 2000s, Lassonde’s Board of Directors put the question of corporate identity on its agenda. The company was growing fast and making new acquisitions. Its products were on offer in Quebec and other Canadian provinces under an ever wider variety of brand names. But there was nothing to identify the manufacturer at a […]

2018-11-09 Financial information
Lassonde Industries Inc. announces its Q3 2018 results

Rougemont, Quebec, November 9, 2018 – Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde”) posted sales of $418.6 million in the third quarter of 2018. Excluding the $28.9 million in sales by Old Orchard Brands, LLC (“OOB”) and a $9.5 million favourable foreign exchange impact, sales were up 2.9% year over year. Profit attributable to the Company’s shareholders totalled $18.0 million. Excluding the impacts […]

2018-11-09 Financial information
Lassonde Industries Inc. declares a quarterly dividend of $0.81 per share

Rougemont, Quebec, November 9, 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 November 21, 2018, will receive a quarterly dividend of $0.81 per share, payable on December 14, 2018. The […]

2018-11-01 Chronicles
Column 42: Awaiting the stroke of midnight

That long winter night everyone was on the edge of their seats waiting for the fateful hour. Across the country at businesses, hospitals, airports, train stations, subway stations and public institutions of all kinds, the eyes of millions of IT professionals were glued to their computer screens. The stress and anxiety were palpable and the […]