Colabor Group Inc. Enters Definitive Agreements Post-SISP Completion

SAINT-BRUNO-DE-MONTARVILLE, Quebec, April 08, 2026 (GLOBE NEWSWIRE) -- Colabor Group Inc. (TSX: GCL) (“Colabor” or the “Company”), announced today the conclusion of its sale and investment solicitation process (“SISP”) conducted under the supervision of the Superior Court of Québec (Commercial Division) (the “Court”) and Raymond Chabot Inc., as Court-appointed monitor of the Company (“Monitor”) in connection with the restructuring proceedings (the “CCAA Proceedings”) of the Company and certain of its subsidiaries, Transport Paul-Émile Dubé Ltée, Le Groupe Resto-Achats Inc. and Norref Fisheries Quebec Inc., instituted on January 8, 2026, under the Companies’ Creditors Arrangement Act (Canada).

Colabor Group Inc. has recently announced the conclusion of its strategic initiatives and has entered into definitive agreements. This development follows the completion of their formal sales and investment solicitation process (SISP), aimed at enhancing the company's positioning in the market. The decision to engage in these strategies comes during a significant period for Colabor, as the company seeks to rejuvenate its operations and secure its financial future.

The Board of Directors has displayed a strategic approach by embracing these definitive agreements, which includes partnerships and investments intended to bolster the company's standing in the competitive landscape of food distribution. This move is a vital part of Colabor's strategy to focus on its core strengths while ensuring operational efficiency.

One of the central aspects of the agreement involves the acquisition of key assets that are essential for Colabor’s ongoing operations. This acquisition aims to strengthen their supply chain and logistical capabilities, which are crucial in today's fast-paced market. By streamlining their operations and improving efficiency, Colabor is positioning itself to better serve its customers and respond to market demands.

Additionally, the company has emphasized their commitment to maintaining a strong network with suppliers and partners. This partnership approach is expected to provide Colabor with enhanced resources and expertise, which will play a significant role in their future growth and sustainability efforts.

The framework established through these definitive agreements not only aims to improve Colabor's financial health but also ensures that the company can navigate the challenges and opportunities that lie ahead. The management team is optimistic that these changes will foster a more resilient and adaptable organization, better equipped to deal with market fluctuations and consumer preferences.

In conclusion, Colabor Group Inc.'s entry into definitive agreements following the SISP signifies a proactive step towards reinforcing its business model. This strategic maneuver is intended to secure a stronger market position, enhance operational efficiencies, and create a sustainable roadmap for future growth.