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New Deal


Announced

Limagrain to acquire the remaining 28% stake in Vilmorin & Cie for €1.43bn.

Financials

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Transaction Value£363m
Consideration TypeCash
Capital Owned71%
Capital Bid For29%
EV/Sales-
EV/EBITDA-
Share Price Premium45.4%
One Off Charge-

Tags

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Pending

Acquisition

Friendly

Domestic

Public

France

seed producer

Single Bidder

Majority

Farming Fishing Ranching and Plantations

Tender Offer

Privatisation

Synopsis

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Limagrain, an international agricultural co-operative group, specialized in field seeds, vegetable seeds and cereal products, agreed to acquire the remaining 28% stake in Vilmorin & Cie, a French seed producer, for €1.43bn. "The goal of this delisting initiative is to provide Limagrain with greater freedom in its strategic decisions,” Sébastien Chauffaut, Limagrain CEO.

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