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.

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Colabor Group Inc

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Post by bucheroncapitalon Oct 18, 2023 5:58pm

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Post# 35689956

Progress

In my book it's progress , investments in efficiency, sales are up , profits are up , they are staying disciplined and they are focused on their plan, happy with the QT. We will remain patient and hold to this turn around story. Debt increase is not a problem as it was for investment purposes. GLTA who believe in GCL.

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