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SunOpta Acquires Sunrise Holdings

2015-08-21 02:09:05| Agriculture - Topix.net

Canada-based SunOpta Inc. signed a definitive agreement to acquire Sunrise Holdings , Inc., Placentia, Calif., from an investor group led by affiliates of Paine & Partners LLC. Sunrise Growers is a supplier of private label domestic and imported conventional and organic frozen fruit and complements SunOpta's existing frozen fruit and fruit ingredient businesses. Sunrise Growers generates approximately $300 million in annualized revenues, supplying a diverse base of retail and foodservice customers from its facilities in California, Kansas and Mexico.

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