Under the deal,
It will have an option to acquire up to a 19.9 per cent equity position in Tufropes from
Tufropes is a manufacturer of synthetic fibre ropes and netting for the aquaculture and maritime sectors.
The deal, which is subject to regulatory approval and other customary closing conditions, is expected to close before the end of the first quarter of 2023.
This report by The Canadian Press was first published
Companies in this story: (TSX:AIM)
© 2023 The Canadian Press. All rights reserved., source