Fundz

Pereira Verde to acquire Green Rise Foods

PRIVATEOct 19, 2026

Acquiring Company

Pereira Verde

Acquired Company

Green Rise Foods

CanadaTorontoFood and BeverageFood and Beverage

Description

Green Rise Foods Inc. and Pereira Verde Inc. announced an arrangement agreement under which Pereira Verde will acquire all shares of Green Rise Foods not held by insiders Vincent Narang, George Hatzoglou and their associates. Shareholders will receive $0.43 in cash per share, subject to a working capital adjustment of up to $0.02 per share, valuing the company's total equity at about $20.48 million. The transaction is being carried out by statutory plan of arrangement under the Ontario Business Corporations Act and is recommended by the special committee and board.

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When Pereira Verde changes hands, the new owners review vendors, systems and leadership. That is when the door opens.

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Company Information

Company

Pereira Verde

Location

Canada

About

Pereira Verde Inc. is a purchaser entity owned and controlled by Vincent Narang, Director and Co-Founder of Green Rise Foods Inc., and George Hatzoglou, Chief Financial and Chief Operating Officer of Green Rise Foods Inc. The entity was formed to acquire the shares of Green Rise Foods Inc. not held by those insiders and their associates.

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Frequently asked

Who acquired Green Rise Foods?

Green Rise Foods was acquired by Pereira Verde, based in Canada. The deal was reported on October 19, 2026. Pereira Verde Inc. Pereira Verde is privately held and operates in Food and Beverage.

When did Pereira Verde acquire Green Rise Foods?

Pereira Verde's acquisition of Green Rise Foods was reported on October 19, 2026. Green Rise Foods Inc. and Pereira Verde Inc. announced an arrangement agreement under which Pereira Verde will acquire all shares of Green Rise Foods not held by insiders Vincent Narang, George Hatzoglou and their associates. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Green Rise Foods do?

Green Rise Foods Inc. is a company listed on the TSX Venture Exchange under the ticker GRF. The company conducted a strategic review process beginning in May 2026 before agreeing to the transaction. It is privately held, operating in Food and Beverage, and is based in Toronto.

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