.
MergerLinks Header Logo

New Deal


Announced

Completed

McCain Foods completed the acquisition of a 38% stake in Strong Roots from Goode Partners for $55m.

Financials

Edit Data
Transaction Value£41m
Consideration TypeCash
Capital Owned-
Capital Bid For38%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

frozen food

Private

Single Bidder

Private Equity

Minority

Completed

Food Products

Ireland

Acquisition

Cross Border

Synopsis

Edit

McCain Foods, the family-owned world leader in frozen potato specialties and appetizers, completed the acquisition of a 38% stake in Strong Roots, a plant-based frozen food company, from Goode Partners, a private equity firm, for $55m. "As food producers, our role is to be better, food can be better, and our duty is to lead the betterment of ingredients, sourcing, packaging, process and taste, at the same time as working with our partners to achieve this. Working in partnership with McCain Foods means that we are able to grow our brand and the values it stands for, while providing us at Strong Roots with the resources and capabilities we need to see change through globally and impactfully," Samuel Dennigan, Strong Roots Founder and CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US