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SunOpta receives court approval for $6.50 per share Refresco acquisition

April 22, 2026 4:43 PM

SunOpta Inc. (NASDAQ: STKL) announced it received final approval from the Ontario Superior Court of Justice for its proposed acquisition by an affiliate of Refresco Holding B.V. The deal values SunOpta at $6.50 per share in cash.

The Minneapolis-based supply chain solutions provider also received a no-action letter from the Commissioner under Canada's Competition Act on April 20, 2026, satisfying the Canadian competition clearance condition for closing the transaction.

The acquisition remains subject to additional regulatory clearances and customary closing conditions. SunOpta operates as a North American supply chain solutions provider serving brands, retailers and foodservice companies across beverages, broths and snack products.

The information is based on a company press release statement.

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