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New Deal


Announced

Completed

Clarebout completed the acquisition of Mydibel.

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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Belgium

Acquisition

Completed

potato products

Food Products

Domestic

Majority

Private

Single Bidder

Friendly

Synopsis

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Clarebout, a company that engages in the frozen potatoes business, completed the acquisition of Mydibel, a company invlolved with development, production and commercialization of potato products. Financial terms were not disclosed. "With this transaction we are taking a further step in the implementation of our growth strategy. Mydibel is one of the world's leading players and can count on a strong team of employees, partners, farmers and growers. With Clarebout as our new owner, we have found a reliable partner and are setting the stage for a successful future for Mydibel and its employees," Marc Van Herreweghe, Mydibel CEO.

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