Tooru has agreed terms in principle to acquire fast-growing plant-based e-commerce brand Mylky for £12 million, in a deal that could materially expand its “free from” platform. In this interview, management discusses the strategic fit, the quality of Mylky’s earnings, how the transaction will be financed, and what investors should watch as due diligence, funding and shareholder approval still need to be secured.
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.
