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New Deal


Announced

Completed

FEMSA completed the minority investment in JRD.

Financials

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

Tags

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Food Retailers and Wholesalers

Single Bidder

food retailer

Minority

Private

United States

Completed

Acquisition

Friendly

Joint Venture

Synopsis

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FEMSA, a Mexican multinational beverage and retail company, completed its minority investment in JRD, a wholesaler of business-to-business cash and carry retail foodservice segment. Financial terms were not disclosed. The transaction includes investment in the operating and real estate-holding entities of JRD. The agreements include the terms and conditions for a proposed Joint Venture of FEMSA and JRD to take JRD’s business model to Mexico and other Latin American markets. Each partner would own 50% of the Joint Venture.

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