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 offers specialty food products such as meat, fish and seafood, as well as food and related products through its Broadline activities. Its product categories include frozen food products, dry goods, dairy products, fruits, vegetables, meat, fish, seafood, poultry, disposable items, sanitation products and maintenance products. Its Norref products offer over 1,500 products sold fresh, frozen or live, including regional, exotic and eco-friendly fish, all varieties of seafood and processed products. Its Lauzon products include lamb, beef, delicatessen, turkey, game, fish, pork, poultry, veal, cheese, frozen food and portion. It also sells products under private brand, Menu. It distributes around 10,000 food and related products to 15,000 points of sale.

TSX:GCL - Post by User

Colabor Group Inc

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Comment by knicksmanon May 08, 2019 6:46am

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Post# 29723254

RE:GCL sold an Assets!!

Looks like they got decent value for it (I'm assuming Lauzon was barely profitable). Now, I wonder if the strategy is to sell this in pieces or use the proceeds of the sale to buy Dube & Loiselle (the company has an option to buy that asset until October 2019).

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They started in video game investing, now they serve high net worth traders