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New Deal


Announced

Completed

Sonae completed the acquisition of a 95% stake in Gosh Food for $89m.

Financials

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Transaction Value£64m
Consideration TypeCash
Capital Owned-
Capital Bid For95%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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vegan food

Food Products

Cross Border

United Kingdom

Friendly

Acquisition

Single Bidder

Completed

food products

Private

Majority

Synopsis

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Sonae, a retail company that operates in food and non food retail stores, completed the acquisition of a 95% stake in Gosh Food, a producer and distributor of vegan food products, for $89m. "The transaction is in line with portfolio management strategy and allows Sonae to invest in the high potential natural and plant-based food industry, while leveraging its know-how in the food and retail sectors to accelerate value creation plan," Sonae.

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