Intersnack acquires a 40% stake in URC Oceania from Universal Robina.

Synopsis

Intersnack Group, a leading European food business conglomerate acquires a 40% stake in URC Oceania from Universal Robina. Financial terms were not disclosed. Both parties intend to complete the transaction once the necessary approvals are obtained from the Australian Foreign Investment Review Board and New Zealand Overseas Investment Office.

Principals

target

Urc Oceania Co

bidder

Intersnack Group

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Market Context

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Bidder Team (1)

maarten leerdam

CEO at INTERSNACK GROUP GMBH

Manager

bidder

Deals

n/a

Total Value

Vendor Team (3)

john gokongwei

Founder and Chairman at UNIVERSAL ROBINA CORP

Manager

vendor

Deal

n/a

Total Value

james go

Chairman at UNIVERSAL ROBINA CORP

Manager

vendor

Deal

n/a

Total Value

patrick henry go

Director at UNIVERSAL ROBINA CORP

Manager

vendor

Deal

n/a

Total Value

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