SunOpta

Canadian company specializing in natural and organic food products

SunOpta logo

SunOpta Inc. is a Canadian company that specializes in the sourcing, processing, and production of natural, organic, and specialty food products. The company is headquartered in Mississauga, Ontario, and operates globally, providing a wide range of food solutions to meet the growing demand for healthy and sustainable food options.

History

SunOpta was founded in 1973 as Stake Technology Ltd. The company initially focused on developing and commercializing steam explosion technology for the pulp and paper industry. Over the years, SunOpta shifted its focus towards the natural and organic food sector, reflecting the increasing consumer demand for healthier food options.

In 2003, the company changed its name to SunOpta Inc. to better reflect its focus on the food industry. Since then, SunOpta has expanded its operations through strategic acquisitions and organic growth, becoming a leading player in the natural and organic food market.

Operations

SunOpta operates through three main segments:

Plant-Based Foods and Beverages

This segment focuses on the production and distribution of plant-based beverages, such as almond, soy, and oat milk. SunOpta is a significant player in the plant-based food industry, providing private label and branded products to retailers and foodservice operators.

Fruit-Based Foods and Beverages

SunOpta's fruit-based segment includes the sourcing and processing of fruit products, such as frozen fruit, fruit snacks, and fruit-based beverages. The company sources its fruit from various regions, ensuring high-quality and sustainable practices.

Global Ingredients

The Global Ingredients segment involves the sourcing and supply of organic and non-GMO ingredients, including grains, seeds, and nuts. SunOpta works with a network of growers and suppliers to provide a diverse range of ingredients to food manufacturers and retailers.

Sustainability Initiatives

SunOpta is committed to sustainability and ethical sourcing practices. The company focuses on reducing its environmental impact through energy-efficient operations, waste reduction, and sustainable sourcing. SunOpta also emphasizes social responsibility by supporting fair trade practices and community development initiatives.

Corporate Governance

SunOpta is governed by a board of directors responsible for overseeing the company's strategic direction and ensuring compliance with regulatory requirements. The company is publicly traded on the NASDAQ under the ticker symbol STKL and on the Toronto Stock Exchange under the symbol SOY.

Related pages

• Organic food
• Plant-based diet
• Sustainable agriculture
• Food industry