Colabor Group Inc. Announces an Agreement to Acquire Certain Assets of Alimplus

SAINT-BRUNO-DE-MONTARVILLE, Quebec, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Colabor Group Inc. (TSX: GCL) ("Colabor" or the "Company") announces today the signature of an agreement to acquire the food distribution assets of Alimplus Inc. ("Alimplus"), operating under the name Mayrand Plus, and all of the issued and outstanding shares of Tout-Prêt Inc. ("Tout-Prêt"), a subsidiary of Alimplus (the "Acquisition"). Under the terms of the agreement, the price agreed for the Acquisition is $51.5 million, subject to certain adjustments.

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