M&A Deal Summary

SunOpta Acquires Simply Organic

On December 12, 2002, SunOpta acquired distribution company Simply Organic

Acquisition Highlights
  • This is SunOpta’s 3rd transaction in the Distribution sector.
  • This is SunOpta’s 3rd transaction in Canada.
  • This is SunOpta’s 2nd transaction in Ontario.

M&A Deal Summary

Date 2002-12-12
Target Simply Organic
Sector Distribution
Buyer(s) SunOpta
Deal Type Add-on Acquisition

Target

Simply Organic

Toronto, Ontario, Canada
Simply Organic Ltd. is a distributor of organic and natural food products to superstores and natural food retail outlets.

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Buyer(S) 1

Buyer

SunOpta

Eden Prairie, Minnesota, United States

Category Company
Founded 1973
Sector Food
Employees1,248
Revenue 724M USD (2024)
DESCRIPTION

SunOpta is the soy processing company in North America, supplying branded product manufacturers such as Hain Celestial (West Soy) and Dean Foods (Silk). The Company also sells other organic, non-genetically modified soy, oat and corn ingredients to food manufacturers. In addition, SunOpta is the largest distributor of organic groceries in Canada. SunOpta other holdings include an environmental services company involved in cleaning bridges, ships and other surfaces; and a steam explosion technology division dedicated to exploiting a proprietary technology for extracting pulp in an environmentally friendly manner from straw and other natural products. SunOpta was founded in 1973 and is based in Eden Prairie, Minnesota.


DEAL STATS #
Overall 4 of 35
Sector (Distribution) 3 of 11
Type (Add-on Acquisition) 4 of 31
State (Ontario) 2 of 7
Country (Canada) 3 of 14
Year (2002) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-10-10 Wild West Organic Harvest Co-Operative Association

Vancouver, British Columbia, Canada

Wild West Organic Harvest Co-Operative Association is a distributor of organic and natural food products, subject to mutual and customary due diligence.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-05-08 Kettle Valley Dried Fruit

Summerland, British Columbia, Canada

Kettle Valley currently operates two production facilities in Summerland, British Columbia, the heart of the B.C. apple growing district. These plants produce natural and organic fruit bars and fruit leathers with an apple base and market these products under the Kettle Valley Real Fruit Snack and Frunola brands. In addition, Kettle Valley produces a number of private label products for customers in the U.S., Canada and the U.K. The company's products are sold through agents and distributors to the health food stores and mass market retailers, as well as to various school districts who are leading the trend in improving the dietary content of student lunches.

Buy -