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New Deal


Announced

Platinum Equity to acquire Horizon Organic from Danone.

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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Acquisition

Majority

Private

Friendly

United States

dairy products

Food Products

Domestic

Private Equity

Pending

Single Bidder

Synopsis

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Platinum Equity, a private equity firm, agreed to acquire Horizon Organic, the largest USDA-certified organic dairy brand in the world, from Danone, a French multinational food-products corporation. Financial terms were not disclosed. "Horizon Organic is an iconic name in dairy that is well recognized and beloved by consumers. The brand has earned a reputation for quality and innovation that is unmatched in the industry. We appreciate Danone's confidence in our ability to build on that legacy and support Horizon Organic's growth as a standalone company," Louis Samson, Platinum Equity Co-President.

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