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New Deal


Announced

Completed

Laguna Bay completed acquisition of the remaining stake in Angel Seafood for $23m.

Financials

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Transaction Value£16m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium60%
One Off Charge-

Sources

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Tags

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aquaculture

Private Equity

Australia

Public

Farming Fishing Ranching and Plantations

Completed

Acquisition

Domestic

Friendly

Scheme

Majority

Single Bidder

Synopsis

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Laguna Bay, a private equity firm, completed acquisition of the remaining stake in Angel Seafood, an aquaculture company, for $23m. “ Board of Angel considers that it is in the best interests of Angel's shareholders to engage further with Laguna Bay on the Indicative proposal," Angel Seafood.

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