AcquisitionsMay 4, 2026, 07:32 AM
SunOpta Completes Acquisition by Refresco for $6.50/Share
AI Summary
SunOpta Inc. has successfully completed its acquisition by an affiliate of Refresco Holding B.V. for US$6.50 per Common Share in cash, following shareholder approval and a court order. As a result of the arrangement, SunOpta's shares will be delisted from the Nasdaq Stock Market LLC and the Toronto Stock Exchange, and the company will cease to be a reporting issuer. In connection with the acquisition, the company's Credit Agreement was terminated, and all existing directors resigned, with new directors appointed.
Key Highlights
- SunOpta completed its acquisition by an affiliate of Refresco Holding B.V. for $6.50 per Common Share.
- All issued and outstanding Common Shares were transferred to Purchaser for $6.50 in cash.
- Stock options, restricted stock units (RSUs), and performance stock units (PSUs) were converted to cash payments based on the $6.50 consideration.
- The Credit Agreement dated December 8, 2023, was repaid in full and irrevocably terminated.
- SunOpta shares will be delisted from The Nasdaq Stock Market LLC and the Toronto Stock Exchange.
- All previous directors resigned, and new directors Hans Roelofs, Yiannis V. Vlahos, and Wouter van de Bunt were appointed.