Colabor Group Inc. completes the acquisition of the food distribution assets of Alimplus Inc. for CAD$49.75M

On June 3, 2025 Colabor Group Inc. announced it's closing of the acquisition of the food distribution assets of Alimplus Inc. operating under the name Mayrand Plus, and all of the issued and outstanding shares of Tout-Prêt Inc., a subsidiary of Alimplus, for a total consideration of CAD$49.75 million.

The Acquisition includes the purchase of the assets related to the food distribution activities and all of the issued and outstanding shares of Tout-Prêt, a specialist in the distribution and preparation of cut fruits and vegetables in Quebec. The four stores of Groupe Mayrand Alimentation inc. are not part of the Acquisition, but Colabor has also entered into a distribution agreement with them for an initial six-year term. 

The acquisition was financed through an amended and restated credit agreement which extends the maturity date from February 2025 to February 2028 and includes an authorized amount of CA$71.8 million. This includes a CA$50 million revolving credit facility and a CA$21.8 million term loan, with a potential increase of CA$35 million.

McCarthy Tétrault is acting for Colabor Group Inc. with a team led by Philippe Leclerc and Mireille Trottier including Kim Godbout (M&A), Mathieu Munger-Bernier (Financial Services), Dominic Thérien, Benjamin Brown (Competition), Véronique Wattiez Larose (IP), Isabelle Vendette (Litigation), Brian Lipson (Transport), Cindy Vaillancourt, Roxane Courjal (Environment), Marie-Josée Marcoux (Real Property), Mariève St-Pierre (Paralegal), and Kate Blaney (Paralegal).