Lantic (Rogers Sugar) Acquires L.B. Maple Treat from Champlain Financial
July 10, 2017
Lantic Inc., a subsidiary of Rogers Sugar Inc., agreed to acquire L.B. Maple Treat from Champlain Financial Corporation for CAD 160.3 million. The acquisition brings a leading maple syrup bottler and distributor headquartered in Granby, Quebec (about 160 employees) into Rogers/Lantic’s portfolio to diversify and expand into the maple syrup market.
- Buyers
- Lantic Inc., Rogers Sugar Inc.
- Targets
- L.B. Maple Treat
- Sellers
- Champlain Financial Corporation
- Industry
- Food & Beverage
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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