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 […]

Lassonde Industries Inc. (TSX: LAS.A) announced today the departure of Mark McNeil, President and Chief Executive Officer of Lassonde Pappas and Company, Inc. since November 2013. Mr. McNeil informed the Company that he wishes to pursue other opportunities and that he will leave office in the coming weeks. “We would like to thank Mark for his […]

There is nothing more precious than our health. At Lassonde, we are committed to promoting healthy lifestyles while supporting causes we care about through various donor and sponsorship programs. We take pride in being a partner of choice for organizations and events that have a positive impact on people’s lives. Lassonde only supports high quality […]

Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde”) posted sales of $1,526.1 million in 2017, a 2.4% year-over-year increase when excluding a $19.6 million unfavourable foreign exchange impact. The 2017 profit attributable to the Company’s shareholders totalled $89.9 million. Excluding a $10.2 million impact resulting from a reduction to deferred tax liabilities related to tax reform in the United States, the 2017 […]