Following a June announcement, Courchesne Larose Group, a packer, distributor and importer of fruits and vegetables, says the transaction to acquire The Star Group, a fresh produce distributor in western Canada, has been completed following the expiry of the 30-day waiting period under the Canadian Competition Act.
Courchesne Larose says The Star Group will operate as its subsidiary, continuing under its own brand name.
“The global reach of the combined entity is far greater than each entity on its own,” Courchesne Larose CEO Michael Aucoin told The Packer in June. “This allows for a more resilient supply chain and more consistent supply to our customers.”
The companies say this deal brings together complementary organizations and will strengthen the country’s fresh produce distribution network.
“We believe this will open better access to national markets for growers across the country and provide better access to high-quality produce in season,” Aucoin told The Packer in June. “We seek to serve all retailers to help them optimize their results in the produce category. Whether large or small, we provide access to the highest-quality fruits and vegetables at competitive prices.”
