SunOpta (STKL) to Acquire Sunrise Holdings in ~$450M Deal

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SunOpta Announces Transformational and Accretive Strategic Acquisition of Sunrise Growers

July 31, 2015 7:30 AM EDT

Acquisition of high growth, margin enhancing consumer products business accelerates SunOpta's strategic transformation

Expands presence in the rapidly growing frozen fruit category and diversifies customer base 

Transaction expected to be accretive to SunOpta's fiscal 2016 Adjusted Earnings and Cash Earnings on a per share basis 

More than $10 million of run-rate cost synergies expected by 2017 

Transaction valued at $450 million or approximately 11.5 times Adjusted EBITDA for... More

SunOpta Announces Transformational and Accretive Strategic Acquisition of Sunrise Growers

July 31, 2015 7:30 AM EDT

Acquisition of high growth, margin enhancing consumer products business accelerates SunOpta's strategic transformation

Expands presence in the rapidly growing frozen fruit category and diversifies customer base 

Transaction expected to be accretive to SunOpta's fiscal 2016 Adjusted Earnings and Cash Earnings on a per share basis 

More than $10 million of run-rate cost synergies expected by 2017 

Transaction valued at $450 million or approximately 11.5 times Adjusted EBITDA for... More