M&A Deal Summary

Dairy Crest Group Acquires St Hubert

On November 9, 2006, Dairy Crest Group acquired food company St Hubert from Uniq

Acquisition Highlights
  • This is Dairy Crest Group’s 1st transaction in the Food sector.
  • This is Dairy Crest Group’s 1st transaction in France.
Investment Fate
  • St Hubert was divested to a consortium of buyers in 2012.
  • St Hubert was sold to a publicly-traded strategic buyer in 2017.

M&A Deal Summary

Date 2006-11-09
Target St Hubert
Sector Food
Buyer(s) Dairy Crest Group
Sellers(s) Uniq
Deal Type Divestiture

Target

St Hubert

Rungis, France
St Hubert produces and markets spreads in France. St Hubert was founded in 1989 and is based in Rungis, France.

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Buyer(S) 1

Buyer

Dairy Crest Group

Esher, United Kingdom

Category Company
Founded 1933
Sector Food
Employees1,180
Revenue 456M GBP (2018)
DESCRIPTION

Dairy Crest Group plc, a dairy food company, processes and sells fresh milk and branded dairy products in the United Kingdom and internationally. It offers various cheese products, including cheddar cheese under the Cathedral City, Davidstow, and Chedds brands; and butter and spreads under the Country Life, Clover, Utterly Butterly, Vitalite, and Willow brands.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2006 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-01 Retailer Brand Cheese Operations/Dairy Crest Group

United Kingdom

Dairy Crest, the UK’s leading branded dairy foods company has announced the proposed sale of the majority of its retailer brand cheese operations to First Milk Limited for a net cash consideration of £61.9 million.

Sell £62M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-29 St Hubert

Rungis, France

St Hubert produces and markets spreads in France. St Hubert was founded in 1989 and is based in Rungis, France.

Sell -

Seller(S) 1

SELLER

Uniq

Gerrards Cross, United Kingdom

Category Company
Founded 1959
Sector Food
Employees1,953
DESCRIPTION

Uniq plc offers fresh and chilled convenience food products in the United Kingdom.


DEAL STATS #
Overall 3 of 4
Sector: Food M&A 3 of 4
Type: Divestiture M&A Deals 3 of 4
Country: France M&A 1 of 1
Year: 2006 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-09 Uniq - Uniqsauces Business

United Kingdom

Uniq - Uniqsauces Business is a manufactures and markets condiments to retail grocery and food service customers, including quick service restaurants. These products include table sauces, salad creams, salad dressings and marinades.

Sell £12M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-17 Johma

Losser, Netherlands

Johma is a manufacturer of (chilled) spreadable salads. Johma was founded in 1968 and is based in Losser, Netherlands.

Sell -