Lassonde Industries Inc. announces changes to its board of directors

ROUGEMONT, QC, Oct. 26, 2018  - Lassonde Industries Inc. is pleased to announce the appointment of Michel Simard to its board of directors, effective October 26, 2018.

 

Mr. Simard holds two Bachelor's degrees, one in Psychology from York University in Toronto and another in Industrial Relations from the Université de Montréal. He was employed at Lassonde for more than 30 years until his retirement in 2016.

During that period, Mr. Simard held several management positions, particularly in the area of Human Resources, in addition to serving as Assistant to the CEO of Lassonde and as a member of the Company's executive committee.

Prior to joining Lassonde, Mr. Simard held various management and Human Resource management positions at a number of different companies, including Power Corporation (Voyageur Inc.), Reynolds Aluminium Company of Canada, and ASEA (ASEA Brown Boveri).

Further, Ève-Lyne Biron has left her position on Lassonde's board of directors. Lassonde wishes to thank Mrs. Biron for her contribution since she was appointed in December 2014.

About Lassonde

Lassonde Industries Inc. is a North American leader in the development, manufacture and sale of a wide range of ready-to-drink fruit and vegetable juices and drinks marketed under brands such as Apple & Eve, Everfresh, Fairlee, Fruité, Graves, Oasis and Rougemont.

Lassonde is also one of the two largest producers of store brand shelf-stable fruit juices and drinks in the United Statesand a major producer of cranberry sauces.

Lassonde recently acquired Old Orchard Brands, LLC ("OOB"), a fruit juice and beverage manufacturing company based in Sparta, Michigan. OOB's product portfolio consists of nearly 100 different varieties, including 100% juice, 100% juice blends, reduced-sugar juice cocktails, seasonal lemonades and flavoured teas. Moreover, OOB is a leader in ready-to-drink fruit juices and drinks in the Central United States. Old Orchard is also the second largest frozen juice concentrates brand in the United States.

Lassonde also develops, manufactures and markets specialty food products under brands such as Antico and Canton. The Company imports and markets selected wines from various countries and manufactures apple ciders and cider-based beverages.

The Company produces superior quality products through the expertise of approximately 2,200 people working in 15 plants across Canada and the United States. To learn more, visit www.lassonde.com.

SEDAR registration number: 00002099

Caution Concerning Forward-Looking Statements

This press release contains forward-looking statements that are based on certain assumptions. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Additional factors are discussed in materials filed from time to time with the securities regulatory authorities in Canada. Lassonde Industries Inc. disclaims any intention or obligation to update or revise any forward-looking statements except as required by law.

SOURCE Lassonde Industries Inc.

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