SunOpta signs definitive agreement to acquire Citrusource SunOpta announced it has signed a definitive agreement to acquire Citrusource. The acquisition transaction closed contemporaneously with the execution of the definitive agreement. Citrusource is a leading supplier of premium not-from-concentrate private label organic and conventional orange juice and citrus products in the United States with revenues of approximately $30M. They operate a national sourcing and supply operation utilizing a number of processing and packaging partners to serve a variety of well-known retailer customers. The business was acquired for a combination of cash on closing of $13.3M, plus future payments based on specific performance targets, and are subject to certain post-closing adjustments. The acquisition was funded from available credit facilities and is expected to be immediately accretive.