Lassonde Industries Inc T.LAS.A

Alternate Symbol(s): LSDAF

Consumer Defensive Packaged Foods

Lassonde Industries Inc. is a Canada-based food and beverage company. The Company, through its subsidiaries, develops, manufactures, and markets a range of ready-to-drink juices and drinks, fruit-based snacks in the form of bars and bites as well as frozen juice concentrates in North America. The Company is a producer of fruit juices and drinks in Canada as well as a producer of store-brand shelf-stable fruit juices and drinks in the United States. It is also a producer of cranberry sauces and specialty food products, such as pasta sauces, soups as well as fondue broths and sauces. In addition, it produces apple cider and cider-based beverages and imports selected wines from several countries of origin for packaging and marketing purposes. It operates in two market segments, namely the retail segment and the food service segment. The Company operates approximately 16 plants located in Canada and the United States of America.

TSX:LAS.A - Post by User

Lassonde Industries Inc > What's next for Lassonde?

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Comment by Jonathan9on Mar 24, 2024 8:49am

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Post# 35949355

RE:RE:RE:What's next for Lassonde?

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 <200 million.

Find some synergies, remove ADW dividend, tax benefits?, sell some non core assets, and start cutting debt.

Then look for some tuck-in specialty acquisitions.

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