Lassonde Industries Inc., Rougemont, Quebec, posted sales of $315 million in the third quarter of 2014, marking a 22.3 percent increase compared with the prior-year period. Sales for the third quarter included the Apple & Eve LLC (A&E) portfolio, which was acquired earlier this year. Profit attributable to the company's shareholders for this period totaled $10.6 million, reflecting a decrease of $600,000 from the third quarter of 2013.
Transaction totaled nearly $148 million instead of anticipated $150 million
July 28, 2014
Lassonde Industries Inc., a manufacturer and marketer of fruit juices and juice drinks based in Rougemont, Quebec, completed its previously announced acquisition of Apple & Eve LLC, Port Washington, N.Y., for a total cash consideration of $147.9 million.
Most small-business owners see the world through rose-colored glasses when launching their companies, optimistic that their new ventures will succeed and thrive. In the case of Rooibee Red Tea, Louisville, Ky., this optimism has produced strong results.
Lassonde Industries Inc., a manufacturer and marketer of fruit juices and juice drinks based in Rougemont, Quebec, has entered into a definitive agreement through its U.S. subsidiary US Juice Partners LLC to acquire Apple & Eve LLC, Port Washington, N.Y., for approximately $150 million.
BYB Brands Inc., a wholly owned subsidiary of Coca-Cola Bottling Co. Consolidated, added a seasonal flavor to its Tum-E Yummies line of fruit-flavored kids drinks.
Growing up from its former TummyTickler and BellyWashers kids juice brands, In Zone Brands Inc., Atlanta, combined the sibling brands into one and rebranded them under the universal brand name good2grow. The result is a better-for-you juice brand that incorporates lessons learned from the company’s more than 12 years of experience in the market.