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Announced

Completed

Post Holdings-backed Weetabix completed the acquisition of Lacka Foods.

Financials

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

Sources

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Tags

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Completed

Private

Single Bidder

Majority

health food

Friendly

Acquisition

United Kingdom

Food Products

Domestic

Synopsis

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Post Holdings-backed Weetabix, a breakfast cereal maker, completed the acquisition of Lacka Foods, a maker of health foods and protein shakes. Financial terms were not disclosed. “The all-cash deal, backed by Post Holdings, unites two of the UK’s market-leading food and drink businesses and unlocks growth opportunities for Lacka Foods both in the UK and in international markets," Weetabix.

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