Lassonde Industries Inc T.LAS.A

What's next for Lassonde?

[Jonathan9]

Next acquisition for growth? They have a dominate position in juice.  They have an equity position in  Diamond Estates wine. Are there any significant synergies with juice and wine?  Opportunity to buy a major wine maker in the future?  What are some options out there domestically?

[Jonathan9]

What companies are our there to acquire? I don't think there are many options.  Many are already owned by the Majors or private equity. Ocean Spray, Welch's are cooperatives. Looks like they want to an acquisition in the specialty group, but not aware of companies available that would move the needle. Lassonde is looking to grow to $3 Billion in sales by 2026. Would a company like

[Possibleidiot01]

https://lakewoodorganic.com/ https://santacruzorganic.com/products https://blackriverjuice.com/ I have no idea how big any of these companies are.

[Jonathan9]

Seems like they want to grow the specialty brands (soups, sauces, broth).  Any ideas of acquisition targets? I don't think the next acquisition will be fruit juice. Sauces or alcoholic beverages would be my guess.

[Tapcet]

Seems ADW would make sense. Mkt cap right now if only $137m and generally getting cheaper by the day. Doesn't pose any new geo challenges on the logistics side. Also lack of coattail provisions at ADW might give LAS some welcome of the impact of a takeover on LAS's insider ownership.

[Jonathan9]

ADW may be a bit big to swallow, but if you are serious to get into wine which in seems like they are, now would be the time to do it. Instantly become #2 player in the domestic market. Buy when there is wine in the streets, even if it is your own. ADW had a market Cap of $800 CAD+ before COVID and today it is Find some synergies, remove ADW dividend, tax benefits?, sell some non core assets