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Announced

Completed

Warburg Pincus-backed Duravant completed the acquisition of Foodmate.

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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Friendly

Netherlands

Machinery: Specialty

Acquisition

Single Bidder

poultry processing equipment

Private

Majority

Cross Border

Private Equity

Completed

United States

Synopsis

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Warburg Pincus-backed Duravant, a global engineered equipment and automation solutions provider, completed the acquisition of Foodmate, a manufacturer of poultry processing equipment. Financial terms were not disclosed. “Foodmate is very much aligned with Duravant’s culture and strong commitment to growth, which will enable Foodmate to accelerate the execution of our strategic priorities,” Scott Hazenbroek, Foodmate US President.

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