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New Deal


Announced

Completed

Waterland-backed EMPWR completed the acquisition of Noble Food Nutrition from Novocap.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Completed

Acquisition

nutrition

Friendly

Private Equity

Single Bidder

Specialty Retailers

Majority

Cross Border

Canada

manufactring

health care

Synopsis

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Waterland-backed EMPWR, a manufacturer of high protein bars, completed the acquisition of Noble Food Nutrition, a medium-sized bar manufacturers, from Novocap, a laboratory dedicated to the research, development, and manufacture of pharmaceutical products. Financial terms were not disclosed. "The broader product portfolio and capabilities will support our customers in their journey to bring products to consumers looking for alternatives to high sugar confectionary: the so-called ‘better-for-you products,” Peter Denolf, EMPWR CEO.

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