Profile: Sunopta Inc (STKL.O)
20 Nov 2018
SunOpta Inc., incorporated on January 1, 2008, operates businesses focused on a healthy products portfolio. The Company operates through two segments: Global Ingredients and Consumer Products. The Company is focused on sourcing non-genetically modified (non-GMO) and organic ingredients, and manufacturing healthy food and beverage products. It operates an integrated field-to-table business model leveraging its global ingredient sourcing platform to process and market non-GMO and organic ingredients for retailers, food manufacturers and foodservice operators. It manufactures packaged products focused on the healthy beverages, healthy fruit and healthy snacks categories for its retail, foodservice and branded food customers.
The Company's Global Ingredients segment aggregates its North American and international raw material sourcing and supply operating segments focused on the procurement, processing and sale of specialty and organic grains, seeds, fruits, grain- and cocoa-based ingredients, and other commodities, which are used in applications serving the natural and organic food industry. Its operations are centered in Amsterdam, the Netherlands; Edina, Minnesota, and Scotts Valley, California. As of December 31, 2016, Global Ingredients sourced products from approximately 65 countries around the world. Its products include organic fruit- and vegetable-based raw materials and ingredients, sweeteners, cocoa, coffees, ancient grains, nuts, seeds and pulses and other organic food products; identity preserved (IP), non-GMO and organic seeds and grains, including soy, corn and sunflower for food applications, with control maintained at every stage of production, from seed selection and growing through storage, processing and transportation, and seed- and grain-based animal feed and pet food products that originate from select organic and non-GMO soy, corn, sunflower and other commodities.
The Global Ingredients segment engages in processing and contract manufacturing services that include seed and grain conditioning services for soy, corn and sunflower; grain milling for corn, with various granulations and batch sizing; coffee and sesame seed processing and dry and oil roasting and packaging, including in-shell sunflower and sunflower kernels, corn, soy- and legume- based snacks. It also includes liquid (concentrates and oil) and dried format seed, grain and cocoa based ingredients utilizing non-GMO and organic soy, corn, sunflower, rice, and cocoa, and specialty organic functional ingredients, including maltodextrins, tack blends, flavor enhancing products, including snack coatings, cheese powders and flavor systems. Its specialty grains, seeds and other raw materials and ingredients are sold to food manufacturers and producers across the world.
The Company's Consumer Products segment provides healthy and organic food products that are consumer-packaged to retailers, foodservice distributors and food manufacturers with a range of branded and private label products. Consumer Products' packaged food products are categorized into three commercial platforms: Healthy Beverages, Healthy Fruit and Healthy Snacks. It offers aseptic beverages, including soy, almond, rice, coconut, sunflower and other non-dairy and alternative beverages, as well as adjacent categories, such as organic dairy and nutritional beverages, including milk, broths and teas. Specializing in aseptic product offerings, Consumer Products produces a range of pack sizes, including multi-serve and single-serve formats, all shelf stable with long shelf lives. Its organic and conventional beverage products include shelf stable and refrigerated juices; specialty beverages; vitamin and electrolyte waters, and energy drinks. Consumer Products partners with third-party fillers to provide extended shelf life refrigerated packaging formats to its customers.
The Company offers individually quick frozen (IQF) natural and organic frozen fruits and vegetables, including strawberries, blueberries, raspberries, peppers, broccoli, blends and many other items. Consumer Products produces a range of packaging formats, including tubs, stand-up pouches, cups and polybags to its retail and foodservice customers. Its applications include fruit bases for yogurts, ice creams, cheeses, smoothies, shakes, frozen desserts, bakery fillings, health bars, various beverages, dressings, marinades, dips and sauces, and fruit toppings for foodservice applications. It offers organic and conventional re-sealable pouch products, in a range of pack sizes and shapes, containing a range of products, including baby food, puddings, sauces, and healthy fruit-, vegetable- and protein-based snacks serving the adult nutrition category. Its nutritious snacks include natural and organic fruit-based snacks in bar, twist, rope and bite size shapes, and baked and extruded nutrition (protein, energy and meal replacement) bars using a range of ingredients, including grains, proteins and other ingredients.
2233 Argentia Rd Suite 401
MISSISSAUGA ON L5N 2X7