Courchesne Larose Group, a leader in the Canadian fresh fruit and vegetable industry, has announced the expiry of the waiting period under the Competition Act in respect of its previously announced acquisition of TheStar Group. With all required agreements signed and all conditions to closing satisfied, the transaction has now been completed.
Star Group is a respected Western Canadian fresh produce distributor with more than 35 years of history and a strong national reputation. This transaction brings together two highly complementary organizationswith shared values, deep industry experience, and a long-term commitment to the Canadian produce sector.Together, the organizations are expected to strengthen their capabilities and national reach while preserving the strengths, identities, and operating approaches that have made both organizations successful.
“We are pleased to have completed the Competition Act process and closed our acquisition of Star Group,”said Michael Aucoin, Chief Executive Officer of Courchesne Larose. “Star Group is a highly respectedorganization with shared values and deep industry expertise. Together, we are strengthening our capabilitieswhile continuing to invest in quality, efficiency, and reliability across the supply chain.”
“Today marks an exciting milestone for Star Group,” said Deric Karolat, CEO of Star Group. “CourchesneLarose’s integrated capabilities and national reach complement our platform extremely well. Together,we will continue to serve our customers, suppliers, and growers with the quality, reliability, and servicethey expect.”
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