Divestiture • Food

EQT Acquires Oterra

On September 26, 2020, private equity firm EQT acquired food company Oterra from Chr. Hansen A/S

Acquisition Context
  • This is EQT’s 7th transaction in the Food sector.
  • This is EQT’s 24th transaction in Denmark.

Explore All 582 Divestiture Food Deals - Search the Database Free


M&A Deal Summary

Date September 26, 2020
Target Oterra
Sector Food
Buyer(s) EQT
Sellers(s) Chr. Hansen A/S
Deal Type Divestiture

Target Company

Oterra

Hoersholm, Denmark
Oterra is the largest global provider of naturally sourced colors for the food, beverage, dietary supplements, and pet food industry. Oterra was founded in 2020 and is based in Hoersholm, Denmark.
Explore More Deals

Browse All 215,130 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.


Deal Context for Buyer #
Overall 234 of 320
Sector: Food 7 of 7
Type: Divestiture 44 of 52
Country: Denmark 24 of 26
Year: 2020 12 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-23 Synagro Technologies

Baltimore, Maryland, United States

Synagro Technologies works to turn waste into worth by helping more than 1,000 municipal and industrial water and wastewater facilities in North America move toward safer, cleaner, and more environmentally beneficial practices. As a recycler of organic by-products in North America, the company is trusted because it removes risks while keeping the logistics clean. Synagro Technologies was founded in 1986 and is based in Baltimore, Maryland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-02 Metlifecare

Auckland, New Zealand

Metlifecare manages retirement villages that provide accommodation and care for the aged people. Metlifecare was founded in 1984 and is based in Auckland, New Zealand.

Buy NZ$1.3B

Seller Profile 1

SELLER

Chr. Hansen A/S

Horsholm, Denmark

Category Company
Founded 1874
Sector Food
Employees2,300
Revenue 8M USD (2008)
DESCRIPTION

Chr. Hansen Holding A/S develops, produces and markets unique and innovative savory solutions (the non-sweet taste spectrum), including flavors, seasoning compounds and functional ingredients for the food industry, with special emphasis on the fields of processed meat and convenience food.


Deal Context for Seller #
Overall 1 of 1
Sector: Food 1 of 1
Type: Divestiture 1 of 1
Country: Denmark 1 of 1
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-09 UAS Laboratories

Wausau, Wisconsin, United States

UAS Laboratories is a research, development company that manufactures probiotic nutritional supplements. UAS Laboratories was founded in 1979 and is based in Wausau, Wisconsin.

Buy $530M

Explore Related M&A Activity