Lassonde Acquires Summer Garden to Boost Food Business
Company Announcements

Lassonde Acquires Summer Garden to Boost Food Business

Story Highlights

Lassonde (TSE:LAS.A) has released an update.

Lassonde Industries Inc. has expanded its North American specialty food business by acquiring Summer Garden Food Manufacturing, a producer of premium sauces and condiments with a strong market presence. The deal, valued at $237.2 million with additional contingent payments, aims to create a new growth platform for Lassonde and enhance its product offerings in pasta sauces and other categories.

For further insights into TSE:LAS.A stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyLassonde Industries price target raised to C$187 from C$181 at National Bank
TipRanks Canadian Auto-Generated NewsdeskLassonde Reports Strong Growth in Q2 2024
TipRanks Canadian Auto-Generated NewsdeskLassonde Announces Strategic Leadership Transitions
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App