Press Release

Kirkland Represents Oaktree Capital Management in Investment in SunOpta

Kirkland & Ellis represents Oaktree Capital Management, L.P., in its investment, along with Engaged Capital, LLC, in SunOpta Inc. (Nasdaq:STKL) (TSX:SOY), a leading global company focused on plant-based foods and beverages, fruit-based foods and beverages, and organic ingredient sourcing and production. Under the terms of the agreement, Oaktree and Engaged will invest up to a total of US$60 million in SunOpta in the form of exchangeable preferred shares. Proceeds from the equity investment will be used primarily to invest in the company’s plant-based foods and beverages business, principally to add capacity via capital projects and to provide incremental liquidity given the current general economic uncertainty.

Read the company press release from SunOpta

The Kirkland team was led by capital markets partners Dennis Myers and Wayne Williams and transactional partner Hamed Meshki.