date:Jul 29, 2014
Canada-based food manufacturing company Lassonde Industries has completed the acquisition of American juice company Apple Eve, in a previously announced deal worth $150m.
Earlier this month, an agreement to this effect was signed by Lassonde, through its subsidiary US Juice Partners.
Through the acquisition, the company owns 90% stake in Apple Eve, while the remaining 10% stake is owned by Lassonde family members through their existing equity interest in the acquiring US subsidiary.
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