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Announced

Completed

Sustainable Projects Group completed the acquisition of Soy-Yer Dough.

Financials

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

Tags

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Acquisition

Completed

Private

Single Bidder

Friendly

United States

Toys

modeling dough

Majority

Synopsis

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Sustainable Projects Group, a transatlantic project development and incubation group, completed the acquisition of Soy-Yer Dough, a producer of sustainable, non-allergenic modelling dough. Financial terms were not disclosed. "We plan to shift production of Soy-Yer Dough to the Rushville facility we recently secured on behalf of Cormo USA, which will benefit both businesses by reducing overhead and consolidating sourcing, production, and distribution. SPGX looks forward to incorporating this well-known and proven brand into our portfolio to the next stage of Soy-Yer Dough's growth as part of the SPGX family," Stefan Muehlbauer, SPGX CEO.

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