News

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 […]

Rougemont, Quebec, June 20, 2019 – A. Lassonde is very pleased to announce the addition of Claire Bara to its management team as Executive Vice-president and General Manager, Marketing, Trade and Product Development. In that capacity, she will oversee the development of commercialization strategy for A. Lassonde brands, including Oasis, Rougemont, Allen’s, Fairlee and Fruit […]

Rougemont, Quebec, May 10, 2019 – Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde”) posted sales of $403.5 million in the first quarter of 2019. Excluding the $29.8 million in sales by Old Orchard Brands, LLC (“OOB”) and a $10.9 million favourable foreign exchange impact, first-quarter sales were up 1.4% year over year. The Company’s operating profit for the first quarter […]

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 […]

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 […]