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SunOpta (STKL) to Acquire Niagara Natural in $6.7M Deal

August 12, 2015 7:07 AM EDT

SunOpta (NASDAQ: STKL) has signed a definitive agreement to acquire the assets of Niagara Natural Fruit Snack Company Inc. ("Niagara Natural"). The acquisition closed contemporaneously with the execution of the definitive agreement.

Niagara Natural is a growing and innovative manufacturer of healthy non-GMO and organic fruit snacks, enhancing SunOpta's existing healthy snack platform and focus on integrated consumer products. With the acquisition, SunOpta extends its market presence in fruit snacks and importantly will now have manufacturing operations in both the east and west, providing a competitively positioned platform to improve customer service and also generate... More