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Announced

Completed

FoodChain ID completed the acquisition of Cosmocert.

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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Acquisition

Test Inspection and Certification (TIC)

Completed

Private

Greece

Cross Border

certification

Single Bidder

Friendly

Majority

Synopsis

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FoodChain ID, a provider of technology-enabled food safety, quality and sustainability solutions, completed the acquisition of Cosmocert, an organic certification and inspection company. Financial terms were not disclosed. "We are excited to partner with the Cosmocert team, one of the leading certifying bodies in Greece. The addition of Cosmocert will enhance the scope of our certification services for food and agricultural clients in the increasingly important Mediterranean region," Chetan Parmar, FoodChain ID SVP.

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