Midsona has today completed the acquisition of the entire share capital of Alimentation Santé SAS, a leading player in organic and plant-based foods in France and Spain, which was announced through a press release on 23 July 2019.
The total purchase price which was paid in cash to the sellers of Alimentation Santé amounted to EUR 57.5 million on a debt-free basis.
Alimentation Santé provides an important platform in Midsona’s continued European expansion. The company will be consolidated into Midsona’s financial reporting from 1 October 2019.
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