Sonae completed the acquisition of a 95% stake in Gosh Food for $89m.

Sonae, a retail company that operates in food and non food retail stores, completed the acquisition of a 95% stake in Gosh Food, a producer and distributor of vegan food products, for $89m. "The transaction is in line with portfolio management strategy and allows Sonae to invest in the high potential natural and plant-based food industry, while leveraging its know-how in the food and retail sectors to accelerate value creation plan," Sonae.