News
The farmer’s life was clearly not for Aristide Lassonde. In 1910, he sold his land on Rang Double and moved to the outskirts of the village, where he bought a large lot. A new project was taking shape in his mind. With the help of Georgianna, he set about bringing it to fruition, surmounting the […]
Lassonde’s history begins in 1918…or does it? Didn’t everything start with a meeting and a marriage of two young French Canadians in 1896? At the time they were living in Massachusetts with their family, seeking a better life just like many of their compatriots. What did Georgianna Darcy and Aristide Lassonde have in common? Good […]
Lassonde is celebrating its centenary this year. Our history spans 100 years, 10 decades and four generations of entrepreneurs. Over the years, the company has employed thousands of workers, first in Quebec, then elsewhere in Canada and, more recently, in the United States. Few Quebec companies can boast that kind of track record! As we […]
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 […]