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Lassonde Industries Inc. to acquire U.S. based Summer Garden Food Manufacturing to strengthen position in specialty food segment

Jun 21, 2024

Acquiring Company

Lassonde Industries

Acquired Company

Summer Garden Food Manufacturing

RougemontBoardmanManufacturingFood and BeverageHospitalityFood ProcessingManufacturingFood and Beverage

Description

Lassonde Industries Inc. has entered into a definitive agreement to acquire U.S.-based Summer Garden Food Manufacturing, a manufacturer and distributor of specialty food. This acquisition is part of Lassonde's strategic objective to grow its specialty food activities and diversify its presence in the North American food and beverage industry. The transaction is expected to enhance Lassonde's product offerings, market presence, and overall growth potential.

Quick answer

Lassonde Industries is acquiring Summer Garden Food Manufacturing, announced June 21, 2024. Lassonde Industries is based in Rougemont, Quebec, Canada.

How much did Lassonde Industries pay for Summer Garden Food Manufacturing?
The deal value was not disclosed.
What does Lassonde Industries do?
Lassonde Industries Inc. develops, manufactures and markets a wide range of ready-to-drink fruit and vegetable juices and drinks.
Where are Lassonde Industries and Summer Garden Food Manufacturing based?
Lassonde Industries is based in Rougemont, Quebec, Canada. Summer Garden Food Manufacturing is based in Boardman, Ohio, United States.
Who are the decision-makers at Lassonde Industries?
Fundz holds 2 contacts at Lassonde Industries. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Lassonde Industries

Location

Rougemont, Quebec, Canada

About

Lassonde Industries Inc. develops, manufactures and markets a wide range of ready-to-drink fruit and vegetable juices and drinks. The Company is the second largest producer of store brand shelf-stable fruit juices and drinks in the United States and a major producer of cranberry sauces. Furthermore, the Company develops, manufactures and markets specialty food products such as fondue broths and sauces and pasta sauces. It also imports selected wines from several countries of origin for packaging and marketing purposes. It also produces apple cider and cider-based beverages.

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Frequently asked

Who acquired Summer Garden Food Manufacturing?

Summer Garden Food Manufacturing was acquired by Lassonde Industries, based in Rougemont. The deal was reported on June 21, 2024. Lassonde Industries Inc. develops, manufactures and markets a wide range of ready-to-drink fruit and vegetable juices and drinks. Lassonde Industries is privately held and operates in Manufacturing.

When did Lassonde Industries acquire Summer Garden Food Manufacturing?

Lassonde Industries's acquisition of Summer Garden Food Manufacturing was reported on June 21, 2024. Lassonde Industries Inc. has entered into a definitive agreement to acquire U.S.-based Summer Garden Food Manufacturing, a manufacturer and distributor of specialty food. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Summer Garden Food Manufacturing do?

Summer Garden Food Manufacturing is a U.S.-based manufacturer and distributor of specialty food, specializing in premium sauces and condiments. It is privately held, operating in Manufacturing, and is based in Boardman.

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