Colabor announces acquisition of gestion Bertrand & Frères Inc. and concurrent $40 million issue of Fund units

    Boucherville, Québec, April 7, 2008 – Colabor Income Fund (TSX: CLB.UN) (“Colabor” or the “Fund”) announced today that Colabor Limited Partnership has entered into a definitive agreement to purchase all of the outstanding shares of Gestion Bertrand & Frères Inc. (“Bertrand” or the “Company”), a leading independent food distributor in Eastern Québec, and one of Colabor’s most important affiliated distributors for a consideration of $84.8 million plus the assumption of $4.5 million of outstanding debt (the “Acquisition”). Know more

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