M&A Deal Summary

Acomo Acquires SunOpta - Global Ingredients Segment

On November 10, 2020, Acomo acquired food company SunOpta - Global Ingredients Segment from SunOpta for 330M EUR

Acquisition Highlights
  • This is Acomo’s 3rd transaction in the Food sector.
  • This is Acomo’s 0th largest (disclosed) transaction.
  • This is Acomo’s 2nd transaction in Canada.
  • This is Acomo’s 2nd transaction in Ontario.

M&A Deal Summary
Date 2020-11-10
Target SunOpta - Global Ingredients Segment
Sector Food
Buyer(s) Acomo
Sellers(s) SunOpta
Deal Type Divestiture
Deal Value 330M EUR

Target

SunOpta - Global Ingredients Segment

Mississauga, Ontario, Canada
SunOpta, Inc.'s Global Ingredients Segment includes processing facilities located in Amsterdam, the Netherlands; Silistra, Bulgaria; Addis Ababa, Ethiopia; and Yirgalem, Ethiopia.

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Buyer(S) 1

Buyer

Acomo

Rotterdam, Netherlands

website

Category Company
Founded 1819
Sector Retail
Employees1,191
Revenue 1.3B EUR (2021)
DESCRIPTION

Acomo is an international group of companies with its principal business the trade and distribution of agricultural products. The Group's product portfolio broadly encompasses spices, nuts, tea, confectionary sunflower seeds and food ingredients. Acomo was founded in 1819 and is based in Rotterdam, the Netherlands.

DEAL STATS #
Overall 9 of 9
Sector (Food) 3 of 3
Type (Divestiture) 4 of 4
State (Ontario) 2 of 2
Country (Canada) 2 of 2
Year (2020) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-10 Tradin Organic Agriculture B.V

Amsterdam, Netherlands

Tradin Organic Agriculture B.V is a processor and distributor of organically certified food ingredients. Tradin Organic Agriculture was founded in 1980 and is based in Amsterdam, Netherlands.

Buy -

Seller(S) 1

SELLER

SunOpta

Mississauga, Ontario, Canada

website

Category Company
Founded 1973
Sector Food
Employees1,451
Revenue 935M USD (2022)
DESCRIPTION

SunOpta is the largest soy processing company in North America, supplying branded product manufacturers such as Hain Celestial (West Soy) and Dean Foods (Silk). The Company also sells other organic, non-genetically modified soy, oat and corn ingredients to food manufacturers. In addition, SunOpta is the largest distributor of organic groceries in Canada. SunOpta?s other holdings include an environmental services company involved in cleaning bridges, ships and other surfaces; and a steam explosion technology division dedicated to exploiting a proprietary technology for extracting pulp in an environmentally friendly manner from straw and other natural products. SunOpta was founded in 1973 and is based in Mississauga, Canada.

DEAL STATS #
Overall 7 of 7
Sector (Food) 5 of 5
Type (Divestiture) 6 of 6
State (Ontario) 4 of 4
Country (Canada) 4 of 4
Year (2020) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-10 Tradin Organic Agriculture B.V

Amsterdam, Netherlands

Tradin Organic Agriculture B.V is a processor and distributor of organically certified food ingredients. Tradin Organic Agriculture was founded in 1980 and is based in Amsterdam, Netherlands.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-15 The Hain Celestial Group - Dream and WestSoy Brands

Lake Success, New York, United States

The Hain Celestial Group's Dream and WestSoy Brands provides plant-based offerings, including plant based beverages, frozen desserts, yogurts & chocolate, all enrolled in the Non-GMO Project.

Buy $33M
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