date:Sep 23, 2019
Australias Keytone Dairy has announced the execution of a binding agreement to acquire the assets, brands and business of 40Forty Foods, which is currently trading as Super Cubes.
Keytone Dairy will acquire Super Cubes for a consideration of A$726,000 ($493,323) plus an earn-out subject to performance milestones.
Keytone Dairy chairman Peter James said: The acquisition of Super Cubes demonstrates swift and clear execution of the branded product growth strategy following the acquisition of Omni