The Sustainable Nutrition Group (ASX:TSN) has announced the completion of its acquisition of The Australian Superfood Co, a market leading producer of Australian native and indigenous foods and ingredients, beverages, nutraceutical and cosmetic products. The acquisition provides The Sustainable Nutrition Group with further scale in the rapidly growing ingredients market with new branded products and geographies, including accessing existing export markets of South Korea and the USA.
Spark Ltd shares traded flat following the announcement.