SunOpta Acquisition Backed by Proxy Advisors

ISS and Glass Lewis recommend shareholders vote in favor of proposed deal.

Apr. 1, 2026 at 1:55pm

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SunOpta, a leading natural and organic food company, has announced that the proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis have recommended that shareholders vote in favor of the company's proposed acquisition.

Why it matters

Proxy advisory firm recommendations carry significant weight with institutional investors, so their endorsement of the SunOpta deal is an important signal that the acquisition is likely to be approved by shareholders. This proposed transaction would expand SunOpta's reach in the growing natural and organic food market.

The details

The acquisition would see SunOpta, a manufacturer of plant-based and organic food and beverage products, acquired by a larger strategic buyer. ISS and Glass Lewis, two of the most influential proxy advisory firms, have both issued reports recommending that SunOpta shareholders vote to approve the deal.

  • SunOpta announced the proposed acquisition on April 1, 2026.
  • Shareholders will vote on the deal at SunOpta's annual meeting on May 15, 2026.

The players

SunOpta

A leading manufacturer of plant-based and organic food and beverage products.

Institutional Shareholder Services (ISS)

A prominent proxy advisory firm that provides voting recommendations to institutional investors.

Glass Lewis

Another influential proxy advisory firm that issues voting recommendations.

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What they’re saying

“We believe the proposed transaction is in the best interests of SunOpta shareholders and recommend that shareholders vote 'FOR' the deal.”

— ISS, Proxy Advisory Firm

“The acquisition price represents a fair value for SunOpta and the strategic rationale is compelling.”

— Glass Lewis, Proxy Advisory Firm

What’s next

Shareholders will vote on the proposed acquisition at SunOpta's annual meeting on May 15, 2026.

The takeaway

With the backing of influential proxy advisory firms, the proposed acquisition of SunOpta is likely to be approved by shareholders, positioning the company for growth in the natural and organic food market.