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New Deal


Announced

Completed

Fresh Prep Foods completed the acquisition of Cook it Recipes.

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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Canada

meal kit retailer

Food Products

Acquisition

Majority

Private

Domestic

Completed

Friendly

Single Bidder

Synopsis

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Fresh Prep Foods, a meal kit delivery service company, completed the acquisition of Cook it Recipes, a meal kit company. Financial terms were not disclosed. "We are thrilled to welcome Cook it to the Fresh Prep family. This acquisition is a major step in our mission to empower Canadians to eat well and live better by delivering fresh, nutritious, and easy-to-prepare meals directly to their doors. The Cook it team has built an incredible brand with a loyal customer base, and we very much look forward to building on that foundation to create even more value for customers," Becky Brauer, Fresh Prep Co-CEO.

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