Colabor Group Inc. Completes the Acquisition of Certain Assets of Alimplus and the Financing of This Acquisition

SAINT-BRUNO-DE-MONTARVILLE, Quebec, June 03, 2025 (GLOBE NEWSWIRE) -- Colabor Group Inc. (TSX: GCL) ("Colabor" or the "Company") announces today the closing of the acquisition of 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"), as announced on February 19, for a revised total consideration of $49.75 million (compared to $51.5 million, as announced on February 19), subject to certain adjustments.

Read more at globenewswire.com