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New Deal


Announced

Pellegrini to acquire Industrial Food Mense.

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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food retail

Domestic

Private

Italy

Pending

Food Retailers and Wholesalers

Single Bidder

Friendly

catering

Acquisition

Majority

Synopsis

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Pellegrini, a provider of catering services, agreed to acquire Industrial Food Mense, a food retailer. Financial terms were not disclosed. "Despite the difficult period that our country and our sector are experiencing due to the health emergency we strongly wanted to complete this acquisition and will continue to pursue objectives of growth, investing with confidence and determination. I would like to thank my friend Francesco Romano, to whom I extend my esteem, for making this operation possible thanks to the trust he places in Pellegrini," Ernesto Pellegrini, Pellegrini President.

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