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.

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Colabor Group Inc > Debentures redeemed

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Comment by bucheroncapitalon Feb 23, 2021 8:58am

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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 !

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