Press release TOC
SunOpta Acquires Tradin Organic Agriculture of Amsterdam
To All Customers and Providers of Tradin Organic Agriculture B.V., Trabocca B.V., OTC-Holland B.V., Internamtrade B.V., Tradin Organics USA and HB Winged-Ox (Dalian, China)
Dear Customers, Product and Service Providers, Dear Friends,
We are most pleased to inform you that SunOpta Inc., also in our name, announced publicly that it has reached an agreement with our company, The Organic Corporation B.V., Amsterdam, the Netherlands (TOC), to acquire the outstanding shares of TOC. As you are likely aware, TOC is the mother company of Tradin Organic Agriculture B.V., Trabocca B.V., OTC-Holland B.V. and Internamtrade B.V. The transaction is subject to completion of final detailed due diligence and definitive agreements and is expected to close within 60 days. Please find attached the official announcement as sent by SunOpta.
As management and owners of TOC we are very delighted to become part of the SunOpta Group of companies. SunOpta is an important and fast growing international player in the field of organic commodities and we are convinced that joining them will be beneficial to our customers, our product and service providers, our personnel and all other parties that are directly or indirectly linked to the well being of our Company.
Joining SunOpta will provide many benefits, and provide the resources to allow TOC to keep on growing. But continuing our growth path as such is not the main reason for our decision. Our joining forces will make it possible to even further strengthen our quality departments and systems, extend and improve our own sourcing projects and processing factories and start up new organic projects, all with the final aim to serve you even better.
We want to explicitly inform you of the fact that there will be no change in the management of TOC and its daughter companies and that you can, now as well as in the future, rely on the full support of our personnel and ourselves. We will not change our approach to serving you and will keep on working with the same amount of “organic drive” for which you have come to know us.
We look forward to continuing to work with you as we always have with the goal of putting organic on the international map and in the minds of an ever increasing number of consumers, together pushing the organic movement forward.
With the warmest greetings
Wim Rabbie and Gerard Versteegh
SunOpta Acquires Tradin Organic Agriculture of Amsterdam, Expands Global Organic Ingredient Sourcing and Processing Platform (24 kb)
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