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New Deal


Announced

Manadatum Asset Management to invest €25m in Oddlygood Global.

Financials

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Transaction Value£21m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Finland

Acquisition

Private

Domestic

Private Equity

Minority

Food Products

Pending

Single Bidder

food producer

Friendly

Synopsis

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Manadatum Asset Management, the asset management arm of Sampo Group, agreed to invest €25m in Oddlygood Global, a processor of oat-based milks and yogurts as well as plant-based cheese and other dairy alternatives. "Interest in plant-based products is growing exponentially worldwide, which we also see in a significant increase in our sales. However, consumers will only change their day-to-day consumption habits if they find dairy alternatives that both taste good and fit their lifestyle," Niko Vuorenmaa, Oddlygood Global CEO.

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