RE:Mergers & Acquisitions How about a merger or acquisition by Lassonde? (LAS-A.TO)? Both companies are dual share class. Enough synergies?
Lassonde - already has a small investment with Diamond Estates in Niagara. Looking to grow in the wine, alcoholic beverage segment. Would immediately become large player. Avenue for growth and diversification. Acquire top brands. Opportunity for entry. New product offerings. Sparking, non alcoholic drinks. Cut costs, SG&A, dividend.
Andrew peller - access to capital, scale and synergies to cut costs (packaging, glass, logistics). Fix debt issues, borrow at cheaper rates. Lassonde has an excellent balance sheet. Further growth from consolidation and bolt on wine acquisitions. Capital to invest in wineries. Exit for Peller family or minority shareholder through merger.
What would the pro forma earnings and balance sheet look like? Lassonde's goal is $3 Billion in sales by 2026. This would get them close.
Shareholder of both companies.
Remove dual share class structure for new entity.