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New Deal


Announced

Completed

Gellert Global-backed Atalanta completed the acquisition of Mitsui Foods.

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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Fruit and Grain Processing

Domestic

Friendly

Private

Single Bidder

Acquisition

Majority

food products

Completed

United States

Synopsis

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Gellert Global-backed Atalanta, a food importer specializing in cheese, charcuterie, deli meat, grocery and seafood products, completed the acquisition of Mitsui Foods, a firm engaged in the wholesale distribution of fresh fruits and vegetables. Financial terms were not disclosed. "After extensive evaluation and review, Mitsui felt Atalanta and Camerican International were best suited to continue Mitsui Foods' mission to be a leader in the food import and distribution industry. Antarctica Advisors' expertise was instrumental in aiding us in this review and facilitating the successful transaction for Mitsui," Shuichi Matsuzawa, Mitsui SVP & DOO of Foods & Retail Division.

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