Refresco Completes Acquisition of SunOpta in All-Cash Transaction

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SunOpta Inc, a leading North American provider of supply chain solutions for beverages, broths and healthy snack categories, has officially completed its acquisition by an affiliate of Refresco Holding BV in an all-cash transaction valued at US$6.50 per common share. The transaction was carried out through a previously announced plan of arrangement under Section 192 of the Canada Business Corporations Act, marking a significant step in Refresco’s strategy to strengthen its footprint in the food and beverage manufacturing sector across North America.

The acquisition received strong support from SunOpta shareholders during a special meeting held on April 16, 2026, where the arrangement was overwhelmingly approved. The Ontario Superior Court of Justice (Commercial List) subsequently granted its final approval for the transaction on April 22, 2026, clearing the way for completion of the deal.

Following the closing of the transaction, SunOpta’s common shares will be removed from trading on both the Toronto Stock Exchange (TSX) and the Nasdaq Stock Market. The company also plans to initiate the process to cease being a reporting issuer under Canadian securities regulations and to deregister its securities under applicable United States securities laws in the near future.

The completion of the acquisition brings together two companies with strong operational capabilities in food and beverage manufacturing, packaging, and supply chain management. Industry observers believe the integration is expected to create opportunities for expanded production capabilities, improved operational efficiencies, and enhanced customer offerings across retail, foodservice, club, and e-commerce channels.

SunOpta has built a strong presence in North America through its focus on customized manufacturing solutions and innovation-driven product development for leading brands, retailers, and foodservice companies. The company’s portfolio includes a broad range of plant-based beverages, broths, and better-for-you snacks designed to meet evolving consumer demand for healthier and more sustainable food options.

With more than five decades of industry expertise, SunOpta has established itself as a trusted partner for companies seeking scalable, sustainability-focused supply chain solutions. Its operations span multiple distribution channels and serve a wide customer base across the United States and Canada. The acquisition is expected to further enhance Refresco’s capabilities in delivering end-to-end beverage and food manufacturing solutions while supporting future growth opportunities in high-demand consumer categories.