News

Rougemont, Quebec, January 3, 2020 – Lassonde Industries Inc. (TSX: LAS) (“Lassonde” or the “Company”) has completed the acquisition of Sun-Rype Products Ltd. (“Sun-Rype”) and its two US affiliates from The Jim Pattison Group for a cash consideration of $89.3 million further to the satisfaction of closing conditions, including Competition Bureau clearance. This amount includes […]

The products will be available exclusively at select St-Hubert restaurants and IGA grocery stores in Quebec. Rougemont, Quebec, November 15, 2019 – Lassonde Industries Inc. is proud to move forward with the commercialization of a 200-mL Oasis juice carton with a paper straw—a first in North America—as part of a market test aimed at introducing […]

Rougemont, Quebec, October 29, 2019 – Lassonde Industries Inc. (TSX: LAS) (“Lassonde” or the “Company”) announced today that two of its subsidiaries have entered into an agreement with subsidiaries of The Jim Pattison Group (“JPG”), to acquire Sun-Rype Products Ltd. (“Sun-Rype”), a Canadian fruit-based snack and beverage manufacturer headquartered in Kelowna, British Columbia, and its […]

Rougemont, Quebec, July 29, 2019 – Lassonde Industries Inc. (TSX: LAS.A) (Lassonde or the Company) reports that it has acquired 36,900,000 common shares (Common Shares) in the capital of Diamond Estates Wines & Spirits Inc. (Diamond Estates) by way of a private placement (the Private Placement) at a price of $0.19 per Common Share for […]

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 […]