M&A Deal Summary

Freedom Foods Acquires Popina Foods

On December 4, 2015, Freedom Foods acquired food company Popina Foods for 35M AUD

Acquisition Highlights

This is Freedom Foods’ 1st transaction in the Food sector.
This is Freedom Foods’ 0th largest (disclosed) transaction.
This is Freedom Foods’ 1st transaction in Australia.

M&A Deal Summary
Date	2015-12-04
Target	Popina Foods
Sector	Food
Buyer(s)	Freedom Foods
Deal Type	Add-on Acquisition
Deal Value	35M AUD

Target

Popina Foods

Dandenong South, Australia

Popina Foods is a manufacturer of muesli based cereals and snack bars.

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Buyer(S) 1

Buyer

Freedom Foods

Taren Point, Australia

Category	Company
Founded	1986
Sector	Food
Employees	650
Revenue	580M AUD (2020)

DESCRIPTION

Freedom Foods is a manufacturer of cereals and nutritional snacks. Freedom Foods was founded in 1986 and is based in Taren Point, Australia.

DEAL STATS	#
Overall	1 of 1
Sector (Food)	1 of 1
Type (Add-on Acquisition)	1 of 1
Country (Australia)	1 of 1
Year (2015)	1 of 1