Jeff Wigle, the Managing Director of Banyan Capital Partners, and I are pleased to announce that Banyan Capital Partners and myself have purchased the Assets of Purity Life Health Products and Neo- Nutritionals (collectively called "Purity Life") from SunOpta Inc. The result will be business as usual at Purity Life as we continue on our path of improving the quality of the service that we provide to our business partners.
To provide some background on Banyan, they are a division of Connor, Clark & Lunn Financial Group ("CC&L Financial Group"). Commencing operations in 1982, CC&L Financial Group is a multi- boutique asset management firm that provides a broad range of distinct and independently managed investment products and services to Canadian individual and institutional investors. At Banyan, the relationship with management is a partnership with the common objective of growing a business to build long term shareholder value. When investments are made the goal is to achieve a strong alignment of interests between Banyan, the management team and other stakeholders. Banyan has a long-term investment horizon – as they are not a fund, they are not constrained by artificial time horizons. In fact, they have a long term philosophy and a level of p atience that is considered to be unique to the private equity business. For more information on Banyan, please see www.banyancapitalparters.com
With our seasoned team of professionals remaining intact and based out of Acton Ontario, we look forward to continuing to work with you to grow our mutual businesses. We remain focused on improving the quality of the services that we provide as well as the innovation that we bring to the marketplace.
Best regards,
Matthew James - President and CEO - Purity Life Health Products LP
