A significant event for both the company and the overall plant-based milk segment.
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A significant event for both the company and the overall plant-based milk segment.
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This move will allow SunOpta to focus on its plant-based foods and beverages business, including its line of oat, almond, soy, rice, coconut and hemp-based products.
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In this $33M acquisition, SunOpta has further bolstered its plant-based product offerings.
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My analysis of what this deal means for both companies.
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The producer of organic and Non-GMO commodities and specialty foods has secured $60M in funding from Oaktree Capital and Engaged Capital.
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SunOpta, a publicly-traded global company focused on organic, non-gmo and specialty foods, has signed a definitive agreement to acquire the shares of Sanmark B.V., a business focused on organic oils for the food, pharmacy, and cosmetic industries.
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SunOpta has sold its specialty and organic soy and corn business to Pipeline Foods for $66.5M. Tradin Organic, SunOpta’s European-based international sourcing and supply platform, was not part of the sale.
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Investment management firm Oaktree Capital purchases $85 million of preferred shares from embattled organic commodities firm SunOpta.
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