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New Deal


Announced

EG Group to acquire Cooplands.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Food Products

Single Bidder

Friendly

Domestic

Pending

Majority

Private

craft bakers

United Kingdom

Acquisition

Synopsis

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EG Group, a British retailer, agreed to acquire Cooplands, a quality craft bakery. Financial terms were not disclosed. "The transaction will broaden the reach of Cooplands beyond the brand's northern heartlands and bring its much-loved food to more existing and new customers through EG Group's unparalleled network of roadside forecourts and retail convenience stores. We know that Cooplands' impressive bakery platform and our food service expertise will be a winning combination," Mohsin Issa Co-CEO.

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