SunOpta Inc. (NASDAQ:STKL; TSX:SOY) has acquired Aux Mille et une Saisons Inc., a leading Quebec- based distributor of certified organic and natural grocery products that’s been in business for 20 years.
With a long track record of profitable performance, the acquisition will provide significant presence for the SunOpta in Quebec and solidifies the Group’s position as the largest distributor of natural and organic foods in Canada.
The company operates from a recently expanded 32,000 square foot distribution centre and has secondary warehousing facilities in Montreal – the most extensive natural and organic distribution network in Quebec and the Maritime provinces. In addition to strengthening SunOpta’s national platform, the acquisition will benefit the Canadian organic market as a whole, by expanding distribution of exclusive brands throughout SunOpta’s network in central and western Canada.
Monsieur Marc Periard will continue to manage the Aux Mille et une Saisons business and has been appointed Vice President of Organic and Natural Foods, Eastern Region. The company’s focus and strength is in organic grocery products. The company’s reputation for integrity, product knowledge and superior service has provided a history of strong growth with current revenues of approximately $16 million. Aux Mille et une Saisons maintains a number of exclusive sourcing arrangements with Quebec organic producers as well as suppliers from around the world including, France, Belgium, the Netherlands, Italy, Brazil and China.
Marc Periard commented, “I am pleased to have Aux Mille et une Sasions join the SunOpta team. Our values, knowledge and healthy philosophies are a good match. I am especially pleased with SunOpta’s alignment and support for the plans and programs I have for developing our business in Quebec, the Maritimes and beyond.”
About SunOpta Inc.
SunOpta Inc. has three business units: the SunOpta Food Group, which specializes in sourcing, processing and distribution of natural and organic food products integrated from seed through packaged products; the Opta Minerals Group, a producer, distributor, and recycler of environmentally friendly industrial materials; and the SunOpta BioProcess Group which engineers and markets proprietary steam explosion technology systems for the pulp, bio-fuel and food processing industries.
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