Crofter’s Organic Acquired by Power Sustainable Lios — Consumer M&A

Power Sustainable Lios has acquired Crofter’s Organic, a food beverage retail business in Ontario, for $2.0 billion. Crofter’s Organic, based in Parry Sound, supplies organic jams, jellies, and fruit spreads across North America, serving branded and private label customers. Power Sustainable Lios acquisitions focus on building a platform acquisition in consumer M&A by scaling better-for-you, sustainably sourced organic food products. The private equity acquisition is structured as a platform acquisition and includes co-investments from Farm Credit Canada and BMO Capital Partners, with the founding Latka family remaining involved as long-term partners; deal status is announced.