Announced

ETİ Gıda to acquire TRUBAR for C$201m.

Synopsis

ETİ Gıda, a consumer goods company, agreed to acquire TRUBAR, a plant-based protein snack company, for C$201m. "This proposed acquisition represents a significant milestone for our company and delivers on our commitment to creating strong value for shareholders. ETİ Gıda is an ideal acquirer for TRUBAR at this stage in the brand's development given ETİ Gıda's successful track record of scaling CPG brands over the last six decades," Kingsley Ward, TRUBAR Executive Chairman.

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