Courchesne Larose acquires remaining shares of JB Laverdure

Montreal, March 27th, 2019 — In May 2018, Courchesne Larose took a minority shareholding position in JB Laverdure. Today, Mr. Alain Routhier, President of Courchesne Larose, announces the purchase of the remaining shares of JB Laverdure and the merger of both companies. Operationally, the merger will take effect on April 27th, 2019.

‘’The transaction will allow Courchesne Larose to better service its customers by being present at the Central Market and to target new customers that were not coming in Anjou.’’ Said Mr. Routhier.

The company will operate as Courchesne Larose Ltd. and its head office will be located at the Courchesne Larose Distribution Center in Anjou, Quebec.

Both warehouses will gradually specialize to better respond to various clienteles. Obligations of JB Laverdure towards its suppliers and business partners will be honoured by Courchesne Larose.