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New Deal


Announced

CDP to acquire a 15% stake in Granarolo for €100m.

Financials

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Transaction Value£88m
Consideration TypeCash
Capital Owned-
Capital Bid For15%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Minority

Acquisition

Domestic

Italy

food

milk

Single Bidder

Private Equity

Pending

Food Products

Private

Friendly

Synopsis

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CDP, a private banking company, agreed to acquire a 15% stake in Granarolo, a food company, for €100m. "Granarolo, which will use the money to fund growth and support potential acquisitions," Giampiero Calzolari, Granarolo Chairman.

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