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New Deal


Announced

Completed

CVC Capital completed the acquisition of the Panzani business of Ebro for $647m.

Financials

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Transaction Value£470m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1.2x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private Equity

Friendly

Food Products

food production

Majority

Cross Border

Private

Single Bidder

France

Completed

Synopsis

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CVC Capital completed the acquisition of the Panzani business of Ebro, a company in the Spanish food processing sector, for $647m. This divestment is in line with Ebro’s strategic goals for the period 2019-2021 and would enable Ebro to further concentrate its resources with a view to strengthening and expanding its premium, fresh pasta and convenience businesses.

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