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New Deal


Announced

Chobani to acquire La Colombe for $900m.

Financials

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Transaction Value£708m
Consideration TypeCash, Ordinary Shares, Loan Notes
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Food Products

Domestic

Majority

Private

Friendly

Acquisition

Single Bidder

United States

coffee

Pending

Synopsis

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Chobani, a next generation food and beverage company, agreed to acquire La Colombe, an American coffee roaster and retailer, for $900m. "At a time where the industry has faced challenges to grow sales, Chobani has delivered double-digit, volume-led sales growth, and considerable margin expansion. We have never been stronger or better positioned to chart our next chapter of growth," Hamdi Ulukaya, Chobani Founder and CEO.

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