Lassonde

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Canada: Lassonde to acquire fruit snack firm Sun-Rype

November 5, 2019

Food, Mergers & Acquisitions, Non-Alcoholic Drinks, North America

Lassonde, the Canadian agri-food firm, has announced it has entered into an agreement to acquire Sun-Rype, a fruit-based snack and drinks maker, for a cash consideration of approximately C$80 million ($61 million). Founded in 1946, Sun-Rype produces juices and fruit snacks in Kelowna, BC, and also operates facilities in Selah and Wapato in the USA’s Washington state. The company manufactures and sells a variety of ready-to-drink fruit based juices and drinks under the Sun-Rype …

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USA: Lassonde agrees deal to acquire Old Orchard Brands

May 1, 2018

Mergers & Acquisitions, Non-Alcoholic Drinks, North America

Lassonde, a producer of ready-to-drink fruit and vegetable juices and drinks, has announced that it has agreed a deal to acquire family-owned juice firm Old Orchard Brands for $146 million. Old Orchard Brands is headquartered in Sparta, MI and posted sales of $103.3 million for its 2017 fiscal year. Old Orchard is described as a leading brand in the shelf-stable fruit juice category across the central United States and the nation’s second largest brand in frozen juice …

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