M&A Deal Summary |
|
|---|---|
| Date | 2021-06-11 |
| Target | Assan Foods |
| Sector | Food |
| Buyer(s) | The Kraft Heinz |
| Sellers(s) | Kibar |
| Deal Type | Divestiture |
| Deal Value | 100M USD |
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| Category | Company |
|---|---|
| Sector | Food |
| Employees | 22,500 |
| Revenue | 18.2B USD (2013) |
The Kraft Heinz Co. is a food and beverage conglomerate with a portfolio of brands spanning beverages, cheese, refrigerated meals and other categories. Kraft Foods Group was formed in 2012 as a spin-off from Mondelez International. The Company is based in Northfield, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 3 |
| Sector (Food) | 1 of 3 |
| Type (Divestiture) | 1 of 1 |
| Country (Turkey) | 1 of 1 |
| Year (2021) | 1 of 3 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-09-15 |
Kraft Heinz’s Natural Cheese Division
Tulare, California, United States Kraft Heinz’s Natural Cheese Division comprises natural, grated, cultured, and specialty cheese businesses in the U.S., Grated cheese business in Canada, and the entire International Cheese business outside North America. It includes three world-class Kraft Heinz production facilities located in Tulare, CA, Walton, NY, and Wausau, WI, and a distribution center in Weyauwega, WI. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-23 |
Hemmer
Blumenau, Brazil Hemmer is a producer and seller of several types of picked and preserved food, condiments, olive oil, and beverages. The company’s longevity, unusual for the Brazilian landscape, and solidity are a consequence of the quality of the products offered to consumers and the commitment and dedication put into the work. Hemmer was formed in 1915 and is based in Blumenau, Brazil. |
Buy | - |
Kibar is a Turkish conglomerate operating in the metal, automotive, packaging, building materials, real estate, logistics, energy, food, and service sectors with more than 20 companies. Kibar was founded in 1984 and is based in ?stanbul, Turkey.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Food) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Turkey) | 1 of 1 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
