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Announced

Completed

McCain Foods completed the acquisition of Scelta Products.

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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frozen foods

Friendly

Private

Netherlands

Completed

Food Products

Acquisition

Cross Border

Majority

Single Bidder

Synopsis

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McCain Foods, a manufacturer of frozen potato products and a global provider of prepared appetizers and snacks, completed the acquisition of Scelta Products, a producer of frozen foods. Financial terms were not disclosed. "With common customers and shared values as family-owned companies, there is a natural complement between McCain Foods and Scelta Products. We feel honoured and privileged to build on the legacy of Scelta Products, bringing their delicious product to our customers as we expand on the fantastic business that Scelta's founders have created," Max Koeune, McCain Foods CEO.

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