Neptune retains stifel to explore strategic alternatives for sprout organics

Laval, qc / accesswire / january 24, 2024 / neptune wellness solutions inc. ("neptune" or the "company") (nasdaq:nept), a consumer-packaged goods company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced the appointment of stifel nicolaus canada inc. ("stifel") to act as exclusive financial advisor to the company's organic baby food and toddler brand, sprout foods inc. ("sprout organics"), providing financial advisory, investment banking services, and strategic advice regarding the review of divestiture alternatives related to sprout organics. stifel brings a wealth of experience and expertise in the financial sector, having successfully facilitated numerous high-profile mergers, acquisitions, and structured deals.
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