Breaking News on Food & Beverage Development - EuropeUS edition | Asian edition

News > Business

News in brief

SunOpta secures European funding to boost EU sourcing and processing


SunOpta secures European funding to boost EU sourcing and processing

Canadian natural and organics group SunOpta has secured funding to help it increase ingredient sourcing and processing in Europe, the company has said.

The company’s International Foods Group has agreed total funding of €48m with ING Bank N.V. and ABN Amro Bank N.V.  

"This expanded credit facility will allow the International Foods Group to continue to grow their global sourcing, supply and processing capabilities which are of strategic importance to SunOpta's integrated natural and organic foods platform," said Rob McKeracher, vice president and CFO.

"We appreciate the support from our international lenders, which reflects the strength of our relationships with our banks and the solid fundamentals of our business."

Subscribe to our FREE newsletter

Get FREE access to authoritative breaking news, videos, podcasts, webinars and white papers. SUBSCRIBE

Live Supplier Webinars

Rethinking Fat Forum
William Reed Business Media

On demand Supplier Webinars

Your future starts at Cargill's T for Trends
Cargill Cocoa & Chocolate
Food testing — let automation take the strain
ETENIA™: Recognize True Milk Value
The FoodNavigator Salt Reduction Forum
William Reed Business Media
All supplier webinars