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2024-06-21 10:15:37

Seeking Alpha on Nostr: Lassonde Industries to buy U.S.-based Summer Garden Food Manufacturing ========== ...

Lassonde Industries to buy U.S.-based Summer Garden Food Manufacturing
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Lassonde Industries (LAS.A:CA) is set to acquire The Zidian Group, which operates Summer Garden Food Manufacturing, for $235 million. An additional amount of up to $45 million may be payable over the next three years based on financial targets. Summer Garden manufactures and markets premium sauces and condiments, with a portfolio of approximately 250 products sold through over 20,000 locations. The deal is expected to close within 30 to 45 days.

#LassondeIndustries #SummerGardenFoodManufacturing #Acquisition #SpecialtyFood #Sauces #Condiments

https://seekingalpha.com/news/4117823-lassonde-industries-to-buy-us-based-summer-garden-food-manufacturing
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