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SunOpta Selling Global Ingredients Segment

The move will provide greater financial flexibility to enable the company’s accelerated growth in the production of value-added plant-based foods and beverages.

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SunOpta Inc. has agreed to sell its global ingredients segment and related assets to global commodity trading company Amsterdam Commodities N.V. for approximately $390 million. Under the terms of the deal, Amsterdam Commodities will acquire SunOpta’s processing facilities in Amsterdam, the Netherlands; Silistra, Bulgaria; Addis Ababa, Ethiopia; and Yirgalem, Ethiopia. Expected to close by January 2021, the transaction remains subject to customary closing conditions.

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