Colabor Group Inc. Enters Into Definitive Agreements Following the Conclusion of Its SISP

• On April 8 2026 Colabor Group Inc. executed three definitive asset purchase agreements that conclude its court‑supervised Sale & Investment Solicitation Process (SISP) under CCAA restructuring.
• Buyers: a consortium led by Financiè­re Outremont Inc., a newly created vehicle for Le Groupe Resto‑Achats assets, and a third buyer for remaining assets.
• Court approval hearings are set for April 13 2026; closings expected within weeks after the hearing.
• The transactions aim to preserve operations, jobs and supply‑chain continuity in Quebec and Atlantic Canada.
• Management (CEO Kelly Shipway) frames the agreements as “crucial for restructuring continuity” while purchasers stress revitalisation of the distribution network.

• Positive materiality: The definitive agreements move Colabor from a prolonged restructuring phase to an execution stage, removing significant uncertainty about asset disposition and future cash flows.
• Liquidity effect: Proceeds (not disclosed) will fund DIP financing repayment, reduce debt burden, and support ongoing operations of the retained business.
• Operational continuity: By keeping the distribution platform intact, the company safeguards its core revenue‑generating assets, which is essential for any downstream recovery or sale.
• Risk mitigation: Court‑approved sales limit exposure to further creditor actions and delisting risk; they also address the $15 M equity raise shortfall highlighted earlier in 2025.
• Compared with prior updates (binding offers accepted on March 26, CCAA protection filed Jan 8), this news confirms that the restructuring plan is being executed rather than merely discussed. The material benefit exceeds routine expectations.

Colabor Group Inc. is a Quebec‑based food‑distribution and logistics operator serving grocery retailers across Québec and the Atlantic provinces. Its core assets include refrigerated transport, warehousing, and distribution networks under brands such as Norref Fisheries Quebec and Le Groupe Resto‑Achats. The “flagship” is its integrated supply‑chain platform that ensures food‑sovereignty for the region.