Lassonde Industries Inc. is a Canadian agri-food company located in Rougemont and Montérégie, with operations throughout North America.

History

Lassonde Industries Inc. acquired The Jim Pattison Group's indirect, wholly owned subsidiary Sun-Rype Products Ltd. for $80 million

CAD Computer-aided design (CAD) is the use of computers (or ) to aid in the creation, modification, analysis, or optimization of a design. This software is used to increase the productivity of the designer, improve the quality of design, improve co ...

, in an all cash deal expected to close before the end of the 2019 calendar year. As well, in announcing the purchase, it was reported that Sun-Rype had $164 million

in gross sales for their fiscal year ended September 30, 2019, and $9 million

EBITDA A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, pronounced , , or ) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, stat ...

Activities

Lassonde Industries develops, produces, and markets a wide range of ready-to-drink fruit and vegetable

juices Juice is a drink made from the extraction or pressing of the natural liquid contained in fruit and vegetables. It can also refer to liquids that are flavored with concentrate or other biological food sources, such as meat or seafood, such as ...

and drinks. It also develops, produces, and markets specialized food products including

fondue Fondue (, , ) is a Swiss melted cheese dish served in a communal pot ( ''caquelon'' or fondue pot) over a portable stove () heated with a candle or spirit lamp, and eaten by dipping bread into the cheese using long-stemmed forks. It was promote ...

broths and sauces,

soups Soup is a primarily liquid food, generally served warm or hot (but may be cool or cold), that is made by combining ingredients of meat or vegetables with stock, milk, or water. Hot soups are additionally characterized by boiling solid ingre ...

, sauces, packaged corn on the cob,

bruschetta Bruschetta (, , ) is an antipasto (starter dish) from Italy consisting of grilled bread rubbed with garlic and topped with olive oil and salt. Variations may include toppings of tomato, vegetables, beans, cured meat, or cheese. In Italy, bruschet ...

toppings, tapenades, pestos, and pizza and pasta sauces. Finally, the company imports, packages, and markets wine from various countries, as well as

apple cider Apple cider (also called sweet cider, soft cider, or simply cider) is the name used in the United States and Canada for an unfiltered, unsweetened, non-alcoholic beverage made from apples. Though typically referred to simply as "cider" in the Un ...

and other wine-based beverages.

References

External links

Lassonde Industries Inc. homepage
{{Morningstar National Bank Québec Index Companies listed on the Toronto Stock Exchange Food and drink companies of Canada Drink companies of Canada Companies based in Quebec Rouville Regional County Municipality Food and drink companies established in 1918 1918 establishments in Quebec Canadian companies established in 1918