SunOpta, a Minnesota-based company, has agreed to be acquired by Dutch beverage giant Refresco in a deal valued at approximately $1.1 billion. This move is expected to strengthen Refresco's presence in the plant-based beverage sector, combining SunOpta's offerings with Refresco's global manufacturing capabilities. The transaction is set to close in the second quarter of 2026, with SunOpta stockholders receiving $6.50 per share.

Refresco's CEO, Steve Presley, expressed excitement about the acquisition, citing SunOpta's alignment with their growth strategy and the potential for expansion in the plant-based beverages market. SunOpta's CEO, Brian Kocher, highlighted the partnership as a validation of their vision and a step towards unlocking SunOpta's full potential in the better-for-you food and beverage industry. Overall, the acquisition is aimed at enhancing Refresco's offerings to retail and branded customers and expanding capabilities in the North American market.