Tooru Targets Major Growth with £12m Mylky Deal

Episode 2375  ·  Apr 21, 06:44 AM

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Tooru has agreed terms in principle to acquire fast-growing plant-based e-commerce brand Mylky for £12 million, in a deal that could materially expand its “free from” platform. In this interview, management discusses the strategic fit, the quality of Mylky’s earnings, how the transaction will be financed, and what investors should watch as due diligence, funding and shareholder approval still need to be secured.