Turkey’s Eti Gıda moves for Canada snacks firm Trubar

3 days ago 5

Dean Best

Thu, November 27, 2025 astatine 7:48 AM CST 1 min read

Turkey-based nutrient shaper Eti Gıda has struck a woody to get Canadian snacks radical Trubar.

Eti Gida, which markets biscuits, cakes and confectionery, is to wage C$201m (US$143.1m) for the snack-bar business.

Under the presumption of the deal, Eti Gıda volition wage C$1.64 per communal stock successful cash, which Trubar said was a 64% premium to the company's stock terms past Friday, the past trading time earlier the woody was announced.

Trubar said its committee had “unanimously determined the transaction “is successful the champion involvement of the company” and volition recommends shareholders ballot for the connection astatine a gathering successful January.

Kingsley Ward, Trubar’s enforcement chairman, said: "This projected acquisition represents a important milestone for our institution and delivers connected our committedness to creating beardown worth for shareholders. Eti Gıda is an perfect acquirer for Trubar astatine this signifier successful the brand’s improvement fixed ETİ Gıda’s palmy way grounds of scaling CPG brands implicit the past six decades.”

More to follow…

"Turkey’s Eti Gıda moves for Canada snacks steadfast Trubar" was primitively created and published by Just Food, a GlobalData owned brand.

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