STKL - Mergers and acquisitions

LOS ANGELES, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Pacific Avenue Capital Partners ("Pacific Avenue"), a Los Angeles-based private investment firm, has acquired Sunrich Products ("Sunrich"), the sunflower and roasted snack division of SunOpta (NASDAQ:STKL) (TSX:SOY). The transaction includes three processing facilities in the upper Midwest, hybrid seed development activities, a collaborative program with independent sunflower growers, and relationships with an extensive set of customers in the food ingredients, snack food, and birdseed markets. Kent Johnson, general manager of Sunrich, will become Chief Executive Officer. Kent will be joined by the rest of Sunrich's leadership team and employe

Brands to Complement Innovation Initiatives and Co-Manufacturing Business SunOpta Inc. ("SunOpta" or the "Company") (NASDAQ:STKL) (TSX:SOY), a leading healthy food and beverage company focused on plant-based foods and beverages and fruit-based foods and beverages, today announced the acquisition of the Dream® and WestSoy® plant-based beverage brands from The Hain Celestial Group, Inc. The acquired brands will add to SunOpta's Plant-Based Foods and Beverages segment, further accelerating growth in this competitively advantaged business. The Dream brand is the #2 brand of shelf-stable, plant-based milks, originally launched in 1982. As one of the pioneers in plant-based milks, Dream has bee