Eden Prairie-based SunOpta has sold its frozen fruit business to a Canadian company for $141 million. The frozen fruit business was much less profitable than other units for SunOpta, which focuses primarily on manufacturing plant-based milks for private-label and national brands. The fruit segment had annual sales of $263 million — more than a quarter of the past year’s $880 million in sales — yet CEO Joe Ennen said the divestiture will boost the company’s bottom line. “The divestiture of our frozen fruit business is a major milestone in our portfolio optimization efforts … and ensures we are singularly focused on the most attractive growth opportunities,” he said. Investors rewarded the m
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