Lassonde closes $148 mln buy of Apple & Eve from ClearLight Partners
Lassonde Industries Inc (TSX: LAS.A) has closed its previously announced acquisition of Apple & Eve LLC for US$147.9 million. Lassonde, a Rougemont, Québec-based marketer and manufacturer of a wide range of fruit and vegetable juices and drinks, now will own 90 percent of Apple & Eve, while members of the Lassonde family will own the remaining 10 percent. Apple & Eve, a branded juice company with headquarters is Port Washington, New York, has been a portfolio investment of U.S. private equity firm ClearLight Partners since October 2007.
28 July 2014•3 mins read
