COLABOR GROUP ANNOUNCES THE EXECUTION OF AN AGREEMENT FOR THE SALE OF VIANDES DÉCARIE

    This transaction will allow the Company to further focus on its Broadline Distribution activities.

    Boucherville, Quebec, May 7, 2019 – Colabor Group Inc. (TSX: GCL) (“Colabor” or the “Company”) today announces that it hasconcluded an agreement to sell the assets of Viandes Décarie, a specialty wholesaler in the meat and meat products market, to 9395-8098 Québec inc., a company belonging to the Riendeau group, for an aggregate amount of $20 million, subject to certain adjustments

     

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