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M&A / Property

DLC Holdings Corp. Announces Agreement to Sell Macadamia Processing Facility

By The Northwire Desk — AI Analysis Dec 24, 2025 · 08:00 DLC · 0.14 DLC Holdings Corp.
DLC · Price

Executive Summary

  • DLC Holdings Corp. entered into a definitive agreement to sell its White River macadamia processing facility in Mpumalanga, South Africa for USD $1,200,000.
  • Payment will be received on deferred terms ($500,000 by end‑2025; balance throughout 2026).
  • Proceeds are earmarked to repay outstanding third‑party loans, improving the Company’s liquidity position.

Key Details

  • Asset Sold: White River Factory (macadamia processing facility) owned by Superior Macadamias (Pty) Ltd, a wholly‑owned South African subsidiary.
  • Consideration: USD $1,200,000 total purchase price.
  • Payment Schedule:
  • $500,000 payable by 31 Dec 2025.
  • Remaining $700,000 payable over the course of 2026.
  • Use of Proceeds: Full amount will be applied to repayment of existing third‑party indebtedness previously disclosed by the Company.
  • Background: Facility was acquired in DLC’s 2014 Qualifying Transaction and has been leased to a tenant; the tenant is now purchasing the premises under finalized terms.
  • Regulatory: Sale is subject to TSX Venture Exchange approval (if required) and qualifies as an arm‑length transaction per TSXV Policy 1.1. No related parties or finder's fees involved.
  • Corporate Signatory: Mark Pajak – Chairman, CEO & Director (contact: [email protected]).

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →