Colabor Group Inc T.GCL

Alternate Symbol(s): COLFF

Consumer Defensive Food Distribution

Colabor Group Inc. is a Canada-based distributor and wholesaler of food and related products serving the hotel, restaurant and institutional markets (HRI) in Quebec and in the Atlantic provinces, as well as the retail market. The Company's segments include Distribution and Wholesale. The Distribution segment is engaged in the distribution of food products and related products in the HRI and retail market. The Company distributes specialized products, such as meat, fish and sea food (specialty distribution), as well as general food-related products (broadline distribution). The Wholesale segment is engaged in the sale of general food-related products to distributors from its distribution center in Boucherville. The Company has a partnership with Maturin, and it provides Lauzon and Norref products. It also sells products under the private brand, Menu. The Company distributes over 15,000 products in Quebec and Atlantic. The Company has over 700,000 square feet of storage facilities.

TSX:GCL - Post by User

Colabor Group Inc > Debentures redeemed

<< Previous

Bullboard Posts

Next >>

Comment by bucheroncapitalon Feb 23, 2021 8:58am

90 Views

Post# 32634980

RE:RE:Debentures redeemed

nkbourbaki wrote:
oldinvestor64 wrote: This is hugely positive news.
Refinancing at a much lower rate.
Once Covid subsides, revenues will stabilize and margins will improve.
The turn around is finally showing signs hat it will work.

Agreed - very positive development.

It shows the company has turned around as far as debt level is concern and it's now in position to secure money at a decent rate! The operational turn around is also well into the marking execution is good, very positive for the next few years !

<< Previous

Bullboard Posts

Next >>

Theralase enhances cancer drug efficacy