AGT Buys CLIC International

TORONTO - Jan 167/14 - SNS -- Alliance Grain Traders Inc. (AGT) bought all of the assets of Québec-based CLIC International Inc., a Canadian ethnic and traditional retail food packager and canner and retail and food service distributor.

The acquired assets include inventory, retail packaging and canning production-related equipment, all CLIC and associated retail brands, retail and food service listings, and customer contracts. The CLIC management team will remain with AGT's new Quebec Food Division, AGT CLIC Foods Inc.

CLIC is specialized in the conditioning and in the transformation of rice, cereals and pulses. With its own canning plant, CLIC has become an innovative company in the transformation of international food products such as their 5-bean salad bar mix, available to eat in one can, which have been adapted to the norms and tastes of North Americans.

In addition, CLIC exports pulses such as lentils, chickpeas and broad beans (fava), in bulk or in cans produced in Canada.

CLIC's premises stands approximately 110,000 square feet, including a 6,500 square feet office space at his headquarters in Laval.

CLIC also operates an HACCP certified and federally licensed (#375) canning plant in Saint-Léonard. It also operates another distribution center in Ottawa, CLIC Ottawa Foods, and a branch in Toronto, CLIC Toronto Foods.

CLIC has a diversified clientele ranging from warehouse stores to convenience stores to ethnic stores, natural food products stores, hotel suppliers, hospitals and restaurants, food processing companies, independent distributors, ship owners and supermarket food chains.