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New Deal


Announced

Savencia Fromage & Dairy and Sodiaal to form Compagnie des Fromages & RichesMonts joint venture.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Single Bidder

cheese factory

France

Food Products

Domestic

Majority

Friendly

Acquisition

Joint Venture

Private

Pending

Synopsis

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Savencia Fromage & Dairy, a food company specializing in the production of cheeses, and Sodiaal, a dairy cooperative, to form Compagnie des Fromages & RichesMonts joint venture. Financial terms were not disclosed. “With the strong brands of CF&R, Le Rustique, Coeur de Lion and RichesMonts, this merger will consolidate our major positions in Europe and will accelerate their development in international," Jean-Paul Torris, Savencia Fromage & Dairy Managing Director.

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