Captiva Verde Growing Organically and through Acquisitions
Captiva Verde in talks to acquire two food operations
Captiva Verde Industries Ltd (C:VEG)
Shares Issued 21,513,896
Tuesday April 19 2016 – News Release
Mr. Jeffrey Ciachurski reports
CAPTIVA VERDE ANNOUNCES POTENTIAL ACQUISITIONS
Captiva Verde Industries Ltd. has entered into negotiations to purchase two downstream food operations.
The first operation is an organic food brokerage business with deep connections to the retail food market. The company will negotiate a price that is in the best interest of its shareholders, at the same time acquiring an asset that gives the company direct retail exposure for its products.
The second operation is a $12-million-per-year, value-added produce company that provides unique fruit and vegetable products to diverse food retailers.
The company issued this news release to prevent selective disclosure during the negotiation process and will update upon final definitive agreements.
