.
MergerLinks Header Logo

New Deal


Announced

Olam Food Ingredients to acquire Olde Thompson from Kainos Capital for $950m.

Financials

Edit Data
Transaction Value£683m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA11.5x
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Single Bidder

Food Products

United States

food containers

Majority

Friendly

Cross Border

Pending

Acquisition

Private Equity

Synopsis

Edit

Olam Food Ingredients, an operating group of Olam International, a global food and agri-business company, agreed to acquire Olde Thompson, a manufacturer and supplier of private label dry spices and seasonings, from Kainos Capital, a food and consumer-focused private equity firm, for $950m. "The acquisition of Olde Thompson by Olam is a terrific outcome for all of our key stakeholders. For our customers, this partnership pushes Olde Thompson to the forefront of ESG as it provides access to Olam's extraordinary international sourcing capabilities and spice expertise that will allow us to provide a new level of traceability and transparency to the marketplace. Our employees will benefit from additional resources and opportunities that will accelerate our growth even further," David Sugarman, Olde Thompson CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US