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New Deal


Announced

Pamplona Capital Management to acquire Signature Foods from IK Investment Partners for $940m.

Financials

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Transaction Value£687m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2x
EV/EBITDA12x
Share Price Premium-
One Off Charge-

Tags

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Netherlands

Disposal

Pending

chilled convenience food

Food Products

Private

Cross Border

Majority

Private Equity

Acquisition

Single Bidder

Friendly

Synopsis

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Private equity firm Pamplona Capital Management agreed to acquire Signature Foods, a provider of chilled convenience food, from IK Investment Partners, a European private equity firm for $940m. "Over the last five years the Company has transformed substantially, as we acquired and launched new brands and products, invested substantially in our production capabilities and grew our footprint in Europe. We are extremely grateful to everyone at IK for their partnership and support, enabling us to be where we are today," Erik Bras, Signature Foods CEO.

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