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New Deal


Announced

Wiz to acquire Promotiva from Banco Votorantim for $16m.

Financials

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Transaction Value£14m
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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food and beverage

Majority

Pending

Brazil

Acquisition

Domestic

Private

Food Products

Friendly

Single Bidder

Synopsis

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Wiza broker of solutions in the insurance business, agreed to acquire Promotiva, a company that operates in the food & beverages industry, from Banco Votorantim, a bank, for $16m.

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