Cooke -- which already owns close to 20 percent of Clearwater after buying 2.9 million units at a price of CAD$1.85 (€1.4/$1.9) in May -- has made an offer to buy Clearwater outright, but Chairman Colin MacDonald said the company is not for sale.
MacDonald, who owns 55 percent of the company in partnership with co-founder John Risley, said the stake is not up for grabs and he is “very much encouraged” by the company’s improving results.
“I am sure that a lot or companies would like to buy us.
