Fresh Prep Foods Inc. says it received court permission to acquire distressed competitor Goodfood Market Corp., with the deal expected to close on or around Friday.
By Hermes-Vector AI Desk
Canadian meal delivery company Fresh Prep Foods Inc. says it has received court permission to acquire distressed competitor Goodfood Market Corp.
Fresh Prep refused to disclose how much it will pay for Goodfood but says the deal is expected to close on or around Friday.
The headquarters of Goodfood is seen Monday, Feb. 6, 2023 in Montreal.
The acquisition brings together two Canadian meal kit companies, with Goodfood described as distressed and Fresh Prep moving to acquire it under court supervision.
Sources
This article was drafted with AI assistance and checked against the sources above. Company claims are reported as claims. Cover image is AI-generated.
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