Announced

Completed

Terrena completed the acquisition of a 19.97% minority stake in Tipiak.

Synopsis

Terrena, an agricultural cooperative based in France, completed the acquisition of a 19.97% minority stake in Tipiak, a food company that specializes in prepared food products. Terrena now holds 97.50% of Tipiak's shares after a successful public tender offer. Financial terms were not disclosed. This acquisition allows Terrena, a cooperative focusing on animal production (like meat and poultry), to significantly bolster its presence in the fast-growing plant-based and convenience food market.

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MergerLinks - Terrena completed the acquisition of a 19.97% minority stake in Tipiak.