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New Deal


Announced

Completed

Whole Foods Market completed the investment in Upside Foods.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
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EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Acquisition

Completed

United States

food products

Food Products

meat

Friendly

Domestic

Single Bidder

Minority

Private

Synopsis

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Whole Foods Market, a natural foods grocery chain, completed the investment in Upside Foods, a producer of cultured meat. Financial terms were not disclosed. “This could change the world in a very good way because of the horrendous suffering that livestock animals go through, the tremendous damage that industrial agriculture has done to the environment,” John Mackey, Whole Foods Market Founder.

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