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New Deal


Announced

Danone to acquire a minority stake in ProViva from Skanemejerier.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned51%
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Pending

Sweden

Private

Single Bidder

Soft Drinks

Minority

beverages

Friendly

Synopsis

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Danone, a multinational food-products corporation, agreed to acquire a minority stake in ProViva, which produces beverages, from Skanemejerier, which wholesales and distributes milk and dairy products. Financial terms were not disclosed. Danone already holds a major stake in ProViva and thus strengthens its position as the majority shareholder in the company. The acquisition is in line with the company’s strategy to grow in functional foods and probiotic products.

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