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Production Lareault is Passing the Torch to Greenlore

Raymond Chabot Grant Thornton acted as exclusive financial advisor to Greenlore during the acquisition process.

For the past 70 years, Production Lareault has grown almost a billion fruit plants on its 185 hectares. As the largest producer of strawberry plants in Canada, and a supplier of top-quality berries, the company is entering a new phase and building on its momentum with the arrival of new owners.

Greenlore, represented by Antoine Casimir and Andrea Borodenko, bought the Lavaltrie business that was founded in 1953 by Luc and Lyne Lareault.

Greenlore called on Raymond Chabot Grant Thornton’s team of financial advisors to guide them during this acquisition.

“The Firm’s commitment and trust in our takeover project proved to be an undeniable asset,” said Antoine Casimir. “Andrea and I felt supported by Raymond Chabot Grant Thornton’s advisors throughout the entire process. Yasser and the team worked rigorously on a very tight schedule.”

In order for this flagship to remain in Québec hands, an ideal financing solution was identified thanks to our collaboration with a group of lenders: Desjardins, Farm Credit Canada (FCC) and the Fonds de solidarité FTQ.

To learn more about how Raymond Chabot Grant Thornton can help meet your business’s needs, please contact our deal team.

About Raymond Chabot Grant Thornton

Raymond Chabot Grant Thornton is a Canadian leader in the areas of assurance, tax, advisory services and business recovery and reorganization.

Our leading mid-market focused financial advisory team provides sector-specific advice on mergers, acquisitions and divestitures, and debt and equity capital markets.
Applying our in-depth knowledge of different industries, we use a targeted, tailored approach to each transaction, based on our clients’ corporate finance strategies and priorities.

By leveraging our extensive mid-market experience, understanding of shareholder objectives, transaction-structuring approach and innovative solutions, we work to create a transaction process that is successful for all stakeholders.

Raymond Chabot Grant Thornton is Québec and Canada’s leading professional services firm with more than 2,800 professionals. Raymond Chabot Grant Thornton is part of the global organization, Grant Thornton. Our global footprint spans across more than 145 countries with over 68,000 people who provide real insight, a fresh perspective and agility to keep clients moving ahead.

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