By Marcus Leung
Lassonde Industries (OTC:LSDAF) operates in two distinct market segments: the retail segment and the food service segment. The retail segment is comprised of selling products to food wholesalers and retailers, examples of which include grocers and supermarkets. The latter segment, food services, is focused on selling products to restaurants, schools, hotels, and wholesalers related to the aforementioned institutions. A large proportion of Lassonde's business stems from private label juice, as it is the second-largest private label juice supplier in the United States.
The company has five operating subsidiaries: A. Lassonde Inc., Apple & Eve LLC, Arista Wines, Inc., Clement Pappas & Co., Inc. and Lassonde Specialties, Inc.
A. Lassonde, Inc.
The oldest of
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