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New Deal


Announced

Completed

ZA Group completed the acquisition of 60% stake in E-Roots Systems.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For60%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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equipment for food

Private

Production Technology Equipment

Friendly

Acquisition

Single Bidder

Domestic

United States

Majority

Completed

Synopsis

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ZA Group, a brand development company, completed the acquisition of 60% stake in E-Roots Systems, a food materials manufacturer. Financial terms were not disclosed. "We are excited to be involved in the sustainable food manufacturing space through E-Roots in the sustainable food space and we believe that through E-Roots, ZA Group will be able to help manufacture grow systems that will help bring quality food to places where fresh produce has been historically lacking in quality," ZA Group.

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