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Alltech, Inc. Completes Acquisition of Ridley Inc

MANKATO, MINNESOTA — (Marketwired – June 18, 2015) – Ridley Inc. (“Ridley”) (TSX: RCL) today announced the completion of the previously announced plan of arrangement transaction (the “Arrangement”) involving Ridley, Alltech, Inc. (“Alltech”) and 7111371 Manitoba Inc. (the “Purchaser”), a wholly-owned subsidiary of Alltech. As a result, the Purchaser has acquired all of the outstanding common shares of Ridley for cash consideration of CAD$40.75 per common share. The total consideration paid to Ridley shareholders is approximately CAD$521 million.

RCL News Release 2015-06-18

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