Squire, Sanders & Dempsey is providing cross-practice counsel to Lassonde Industries Inc. regarding its US$390 million acquisition of Clement Pappas and Company, Inc. The transaction, which is expected to close in August, will create a major North American fruit juice and drink manufacturer.

Lassonde is one of Canada’s leading manufacturers and marketers of fruit juices and drinks. US-based Clement Pappas and Company is a major producer of store brand ready to drink fruit juices and drinks and a major producer of cranberry juices, drinks and sauces.

Partner Laura D. Nemeth is leading the cross-practice team which includes lawyers in the following practices: corporate, corporate finance and governance, banking and finance, environmental, labor and employment, regulatory, taxation and intellectual property practices.

“We are very pleased to support our client Lassonde in this significant and strategic expansion,” Nemeth said.