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Lassonde Pappas & Co history
Lassonde Pappas & Co company history timeline
1944: Willie Lassonde takes over the company after the death of his father.
1959: The company begins making apple juice.
1971: Sales exceed CAD 1 million.
By 1977, they were up to CAD 5 million.
1982: The holding company formed.
The acquisition drive continued with the purchase of Vac-O-Nut in 1983.
By 1990, the company was processing 30,000 tons of apples each season.
Lassonde's sales were nearly CAD 126 million in 1991; net income was a little less than CAD 5 million.
1993: A Thai venture is formed.
Lassonde posted net earnings of CAD 13.8 million on sales of CAD 128 million in 1995.
1995: A China citrus juice venture is started.
Revenues were more than CAD 158 million in 1997, with a profit of CAD 8 million.
At CAD 21.8 million, net earnings had doubled since 2000.
Golden Town Apple Products Ltd. of Ontario was acquired in September 2002.
In 2003, Lassonde sold off its China assets, but continued development of the Rougemont brand there through licensing.
In April 2004, the Gazette reported that Lassonde was on the prowl for acquisitions.
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Lassonde Pappas & Co competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Apple & Eve | 1975 | $39.8M | 97 | - |
| Cliffstar | 1970 | $990.0M | 3,000 | - |
| Brooklyn Bottling | - | $580,000 | 6 | - |
| Winona Foods | 1995 | $37.5M | 102 | 8 |
| Sun Orchard | 1984 | $130.0M | 100 | - |
| United 1 International Laboratories | - | $10.0M | 175 | 27 |
| Cains Foods | 1914 | $5.7M | 29 | - |
| Fortitech | 1986 | - | - | - |
| Sunny Delight | 2004 | $224.7M | 500 | - |
| C.J. Foods, Inc. | 1985 | $16.0M | 492 | 2 |
Lassonde Pappas & Co history FAQs
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Lassonde Pappas & Co may also be known as or be related to Clement Pappas & Co., Inc., Lassonde Pappas & Co, Lassonde Pappas and Company, Lassonde Pappas and Company Inc, Lassonde Pappas and Company Inc. and Lassonde Pappas and Company, Inc.