Brief: Sunopta Expands Organic Oils Portfolio With Acquisition Of Sanmark B.V.

SunOpta

02/04/2019 12:46

April 2 (Reuters) - Sunopta Inc  SOY.TO :
    * SUNOPTA EXPANDS ORGANIC OILS PORTFOLIO WITH ACQUISITION OF
SANMARK B.V.
    * SUNOPTA INC - SANMARK IS EXPECTED TO GENERATE
APPROXIMATELY EUR
10 MILLION IN REVENUE IN 2019
    * SUNOPTA INC - ACQUISITION CLOSED CONTEMPORANEOUSLY WITH
EXECUTION OF DEFINITIVE AGREEMENT.
    * SUNOPTA INC - TRANSACTION IS VALUED AT EUR 3.0 MILLION ON
A
DEBT-FREE BASIS
    * SUNOPTA INC - MARK BOLIER, PRESIDENT OF SANMARK, WILL
ASSUME
LEADERSHIP OVER TRADIN'S GLOBAL ORGANIC OILS DESK
    * SUNOPTA INC - DEAL WAS FINANCED THROUGH EXISTING CREDIT
FACILITIES

Source text for Eikon:  ID:nBw7xFGPWa 
Further company coverage:  SOY.TO 

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