May 25/Toronto/Globe Newswire -- SunOpta Inc. signed a definitive agreement to sell its Canadian natural health products distribution business (operated as Purity Life Natural Health Products) to an affiliate of Banyan Capital Partners. The transaction, valued at CDN $14,700,000, before transaction costs, is subject to certain conditions and pre-closing matters and is expected to close early in June, 2012.
Purity Life Natural Health Products distributes a wide range of natural health products including dietary supplements, vitamins, natural body care and earth friendly household goods throughout Canada, and also manufactures a number of natural health care products.