The Sustainable Nutrition Group Ltd (ASX:TSN) agreed to acquire The Ausralian Superfood Company for AUD 3.0 million on December 17, 2021. AUD 1.85 million cash paid in part settlement in late January; and AUD 1.15 million in TSN fully paid ordinary shares only upon the Australian Superfood Company achieving a Gross profit of AUD 1.3 million. The Acquisition is expected to complete on January 28,2022.

SLM Corporate Pty Ltd. acted as financial advisor to Bailey Beau Pty Ltd.