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New Deal


Announced

Sofina Foods to acquire Eight Fifty Food Group from CapVest Partners.

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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Cross Border

Single Bidder

Acquisition

food producer

Majority

Friendly

Private Equity

United Kingdom

Food Products

Private

Pending

Synopsis

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Sofina Foods, a Canadian multi-protein producer, agreed to acquire Eight Fifty Food Group, a multi-protein food group, from private equity firm CapVest Partners. Financial terms were not disclosed. "We've created a leading European multi-protein business through a combination of strategic investment in our core asset base and complementary acquisitions of fantastic national champions. Eight Fifty delivers best-in-class products to our customers and consumers and we are all very proud of what Di Walker and her team have achieved over the last four years. We're confident that Eight Fifty will continue to flourish under Sofina Food's ownership," Jason Rodrigues, CapVest Partner.

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