Good Natured Products announces agreement to acquire Houston-based FormTex Plastics for cash consideration of US$4.8M; FormTex produces custom plastic packaging for the medical, food, electronic, industrial and retail end markets

Sample article from our Packaging Industry

VANCOUVER, British Columbia , May 4, 2022 (press release) –

good natured Products Inc. (the "Company" or "good natured®") (TSXV: GDNP), a North American leader in plant-based products, today announced that, through a wholly owned subsidiary, it has entered into a definitive asset purchase agreement (the "Definitive Agreement") to acquire all of the business and operating assets of FormTex Plastics Corporation ("FormTex"), a manufacturer of high quality custom plastic packaging headquartered in Houston, Texas, for cash consideration of $4.8 million USD, subject to customary closing adjustments (the "Acquisition"). 

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