Speyside acquires Opta Minerals, plans for turnaround
U.S. private equity firm Speyside Equity has acquired Opta Minerals Inc (TSX: OPM), a Canadian integrated provider of custom process solutions and industrial mineral products used in the steel and other industries. No financial terms were released; however, SunOpta Inc announced last month that it would receive $6.2 million for the divestiture of the company. The acquisition by Speyside represented the conclusion of a strategic review process conducted by Opta Minerals and its shareholders, SunOpta said. Speyside said it will focus on completing the Waterdown, Ont.-based company's turnaround.
11 May 2016•2 mins read
