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New Deal


Announced

Completed

Eastman completed the acquisition of 3F Feed & Food.

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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Spain

Majority

feed production

Food Products

Friendly

food products

Single Bidder

Acquisition

Completed

Domestic

Private

Synopsis

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Eastman, a global specialty materials company, completed its acquisition of 3F Feed & Food, a company specializing in the technical and commercial development of feed and food products. Financial terms were not disclosed. "With the acquisition of 3F Feed & Food, Eastman adds a respected producer that is well-established in one of the leading European markets. Their proven track record of providing value-added solutions to the market, combined with Eastman's unique technology capabilities and global footprint, will accelerate development of next-generation solutions and strengthen our ability to better serve our customers all over the world," Sabine Ketsman, Eastman Vice President.

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