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Announced

QuattroR to acquire a 49% stake in Consorzio Casalasco Del Pomodoro for $116m.

Financials

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Transaction Value£84m
Consideration TypeCash
Capital Owned-
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Minority

Friendly

Domestic

Pending

Private Equity

Italy

Private

food producer

Single Bidder

Food Products

Synopsis

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QuattroR, a private equity fund, agreed to acquire a 49% stake in Consorzio Casalasco Del Pomodoro, a producer and distributor of industrial tomatoes and related products, for $116m. "This Transaction expedites the development plan started from the cooperative and aimed at fully exploiting its potential. The decision to partner in the project with the Italian fund QuattroR, with outstanding managerial skills, is based not only on business-related objectives but also on the sharing of key values that have shaped the philosophy of growth of Consorzio Casalasco," Costantino Vaia, Consorzio Casalasco CEO.

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