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Slide #98. Alliance Grain Traders Inc. — Assets of CLIC International
Acquirer:
Alliance Grain Traders Inc. (CVE:AGT.CA)
Acquiree:
Assets of CLIC International
Details:
Alliance Grain Traders Inc. ("AGT") is pleased to announce that it has acquired substantially all of the assets of Qubec-based CLIC International Inc. ("CLIC"), a Canadian ethnic and traditional retail food packager and canner and retail and food service distributor. The acquired assets include inventory, retail packaging and canning production-related equipment, all CLIC and associated retail brands, retail and food service listings, and customer contracts. The CLIC management team will remain with AGT's new Quebec Food Division, AGT CLIC Foods Inc.
AGT Food & Ingredients, through its subsidiaries, is engaged in the business of sourcing and processing (cleaning, splitting, sorting and bagging) specialty crops, primarily for export markets. Co. and its subsidiaries in the U.S. and Australia handle the full range of pulses and specialty crops. Co.'s subsidiary Arbel Bakliyat Hububat Sanayi ve Ticaret A.S. is engaged in sourcing and processing pulses, specialty crops and grains and various pulse trading activities. Durum Gida Sanayi ve Ticaret A.S. is engaged in pasta and semolina production and Turkpulse Dis Ticaret A.S. is engaged in bulgur processing.
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