Canada's most authoritative and exciting grocery b2b publication
Industry NewsLassonde to represent Diamond Estates with Canadian grocery and convenience stores

Lassonde to represent Diamond Estates with Canadian grocery and convenience stores

lassonde-1452872

Lassonde Industries Inc. has acquired 36.9 million common shares in the capital of Diamond Estates Wines & Spirits Inc. of Niagara-on-the-Lake, ON.

The share acquisition has taken place by way of a private placement, with Lassonde acquiring 19.9 per cent of Diamond Estates’ issued and outstanding common shares.

In connection with the private placement, Lassonde and Diamond Estates also entered into a broker agreement under which Diamond Estates appoints Lassonde as its exclusive representative with certain retailers including grocery stores and convenience stores in Canada.

Follow us:

Recent Issues

Related Articles