Fruit & Vegetable Magazine

Features Fruit Production
Lassonde to buy Apple Valley Juice

March 25, 2009  By The Canadian Press


March 25, 2009, Toronto, Ont. – Dominion Citrus Income Fund plans to
sell its Apple Valley Juice business for about $1.35 million to
Lassonde Industries Inc., maker of Rougemont, Everfresh and Fairlee
products.

March 25, 2009, Toronto, Ont. – Dominion Citrus Income Fund plans to sell its Apple Valley Juice business for about $1.35 million to Lassonde Industries Inc., maker of Rougemont, Everfresh and Fairlee products.

Apple Valley is in the business of extracting and processing the juice of apples and selling apple juice to industrial and corporate customers.

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Dominion Citrus, which provides fresh produce and premium juices to a wide variety of customers in retail, foodservice and food distribution businesses, announced the agreement March 24.

The deal is expected to close in late June.


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