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New Deal


Announced

Astorg Partners-backed Solina to acquire Saratoga Food Specialties.

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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Pending

Friendly

Food Products

food products

Single Bidder

Private

Cross Border

Majority

United States

Acquisition

Synopsis

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Astorg Partners-backed Solina, an European producer of savoury ingredient solutions for the food industry, agreed to acquire Saratoga Food Specialties, a company on the European market of savoury ingredients. Financial terms were not disclosed. "With Saratoga joining Solina, we will create a leading one-stop-shop for ingredient solutions in North America. We look forward to leveraging the opportunities and value this acquisition will bring to our people and to our collective food industry customers across the globe," Anthony Francheterre, Solina CEO.

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