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Total Produce Plc Completes North American Acquisition


Monday, 7 Jan 2013 02:00am EST 

Total Produce Plc announced that it has completed an agreement to acquire a 65% majority shareholding in the Vancouver, BC headquartered Oppenheimer Group in two stages over five years. The acquisition of an initial 35% of Oppenheimer's shares has now been completed. A further 30% shareholding will be acquired in 2017 at a price to be determined based on future profits. Financial terms of the transaction were not disclosed. 

Company Quote

7.625
-0.125 -1.61%
10 Jul 2014