Courchesne Larose LTD has acquired a 50% stake in Dandrea Produce, aiming to enhance their global reach and capitalize on the growing demand for high-quality produce.

Target Information

The target in this transaction is Dandrea Produce, a family-owned company based in Toronto that has been operational since 1917. Dandrea has evolved from its origins as a local farming operation to become a prominent grower and distributor within the produce industry, employing over 150 personnel. This fourth-generation firm prides itself on maintaining a strong global reputation and a steadfast commitment to excellence, sharing similar values with its new partner, Courchesne Larose LTD.

Dandrea Produce has established its robust business model through strategic partnerships with growers worldwide, which allows it to foster meaningful relationships with stakeholders. This extensive network not only supports its distribution capabilities but also enhances its operational effectiveness, positioning Dandrea as a key player in the produce sector.

Industry Overview

The produce industry in Canada has seen significant growth, driven by increasing consumer demand for fresh, organic, and locally sourced fruits and vegetables. This trend is further fueled by heightened awareness of health