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New Deal


Announced

Completed

KKR to acquire Spreads for $7.6bn from Unilever.

Financials

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Transaction Value£6,000m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA10x
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private Equity

Natural

Completed

Food Products

United Kingdom

spreads

Private

food producer

Single Bidder

Synopsis

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KKR, a private equity firm, to acquire Spreads for $7.6bn from Unilever, one of the world’s leading suppliers of Beauty & Personal Care, Home Care and Food and Refreshment products, on a cash-free, debt-free basis. “There is positive momentum in the performance of the Spreads business and we are excited about continuing this journey with KKR. We are confident that our business and the entrepreneurial spirit of our people will thrive further under new ownership.” Nicolas Liabeuf, Spreads CEO.

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