Australian food-and-drinks company OMG Group has struck an equity-and-manufacturing deal with beverage manufacturer Slades Beverages.
The ASX-listed business said in a filing it had secured "firm commitments" as part of a A$1.5m ($1.08m) capital raise from "sophisticated, professional and institutional investors".
Slades Beverages, a family-owned manufacturer based in the Australian state of Victoria, contributed A$350,000 of the raise.
The beverage manufacturer is also moving to take over production of OMG's Oat Milk Goodness range.
OMG CEO Alex Aleksic said Slades has "direct insight into our products and the opportunity ahead".