SunOpta Expands Organic Oils Portfolio with Acquisition of Sanmark B.V. - News Summed Up

SunOpta Expands Organic Oils Portfolio with Acquisition of Sanmark B.V.


TORONTO--(BUSINESS WIRE)--Apr 2, 2019--SunOpta Inc. (“SunOpta” or the “Company”) (Nasdaq:STKL) (TSX:SOY), a leading global company focused on organic, non-genetically modified and specialty foods, today announced it has signed a definitive agreement to acquire the shares of Sanmark B.V. (“Sanmark”). Sanmark is a growing sourcing and trading business focused on organic oils for the food, pharmacy, and cosmetic industries. Mark Bolier, President of Sanmark, will assume leadership over Tradin’s global organic oils desk, including the recently announced addition of organic avocado oil sourced from a new Ethiopian facility expected to open in the second half of 2019. About SunOpta Inc.SunOpta Inc. is a leading global company focused on organic, non-genetically modified (“non-GMO”) and specialty foods. Source: SunOpta Inc.View source version on businesswire.com:https://www.businesswire.com/news/home/20190402005225/en/CONTACT: Scott Van WinkleICR617-956-6736scott.vanwinkle@icrinc.comKEYWORD: UNITED STATES NORTH AMERICA CANADA MINNESOTAINDUSTRY KEYWORD: HEALTH FITNESS & NUTRITION RETAIL FOOD/BEVERAGESOURCE: SunOpta Inc.


Source: Ethiopian News April 02, 2019 11:48 UTC



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