Smart Organic AD (BUL:SO) will look for acquisition of local and international companies in the organic food and beverage sector. Smart Organic will auction on June 14 the unexercised rights for its capital increase, the Bulgarian Stock Exchange (BSE) said on June 13, 2024. Orders for the unexercised rights can be placed between 1315 and 1345 local time on June 14.

The raised funds will be used to complete the construction of Smart Organic's new production base near Sofia and could also go towards acquiring local and international companies in the organic food and beverage sector, the company said earlier.