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Announced

Completed

Mirae Asset Financial Group led a $500m financing round in Impossible Foods.

Financials

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Transaction Value£372m
Consideration TypeCash
Capital Owned-
Capital Bid For25%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Food Products

meat substitutes

United States

Cross Border

Private Equity

Minority

Acquisition

Single Bidder

Venture Capital

Completed

Friendly

plant-based food

Synopsis

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Mirae Asset Financial Group, a financial services group headquartered in Seoul, led a $500m financing round in Impossible Foods, a developer of plant-based substitutes for meat, dairy, and fish products. “Mirae Asset is excited to double down on the team at Impossible Foods as they continue transforming the global food system. It is important to us to partner with true innovators like Impossible Foods’ CEO Pat Brown and support the entire Impossible Foods team as they work to solve one of the most critical challenges facing our planet climate change,” Thomas Park, Mirae Asset Financial Group President.

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