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Announced

Completed

WestStar group completed the acquisition of Dieta Group from MB Funds.

Financials

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Transaction Value-
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Household Equipment and Products

Finland

Friendly

kitchen equipment

Majority

Single Bidder

Private Equity

Cross Border

Completed

Private

Acquisition

Synopsis

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WestStar group, a motor vehicle manufacturing company, completed the acquisition of Dieta Group, a distributor and manufacturer of professional kitchen equipment company, from MB Funds, a Finnish private equity firm. Financial terms were not disclosed. "We are very satisfied with the transaction. It is important to us that Dieta Group's ownership remains in Finland and that the new owner is ready to invest in our growth," Juhani Järvenpää, Dieta Group CEO.

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