M&A Deal Summary

Olam Acquires Universal Blanchers

On April 22, 2007, Olam acquired food company Universal Blanchers from Horizon Partners and Marquette Capital Partners for 77M USD

Acquisition Highlights
  • This is Olam’s 1st transaction in the Food sector.
  • This is Olam’s 5th largest (disclosed) transaction.
  • This is Olam’s 1st transaction in the United States.
  • This is Olam’s 1st transaction in Georgia.

M&A Deal Summary

Date 2007-04-22
Target Universal Blanchers
Sector Food
Buyer(s) Olam
Sellers(s) Horizon Partners
Marquette Capital Partners
Deal Type Add-on Acquisition
Deal Value 77M USD

Target

Universal Blanchers

College Park, Georgia, United States
website
Universal Blanchers is a food ingredient company focusing on supplying ingredients and processing solutions to the peanut industry. It is an independent peanut blancher and is a leader in the US in outsourced blanching, roasting and bulk peanut butter and paste for the confectionery and snacks foods markets.

Search 192,723 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Olam

Singapore, Singapore

website


Category Company
Founded 1989
Sector Agriculture
Employees39,192
Revenue 35.8B SGD (2020)
DESCRIPTION

Olam is a Singapore listed global and integrated supply chain manager that sources, processes, distributes, and markets select agricultural commodities in around 60 countries across Europe, North and South America, Asia and Africa. It is the world’s largest player in cashew, sheanut and Robusta coffee markets and a significant global supplier of cocoa, cotton, rice, sugar, timber and sesame. Olam participates along the entire supply chain starting from the farm gate in the origin countries to the factory gates in destination countries. Olam was founded in 1989 and is based in Singapore.


DEAL STATS #
Overall 1 of 12
Sector (Food) 1 of 12
Type (Add-on Acquisition) 1 of 9
State (Georgia) 1 of 2
Country (United States) 1 of 7
Year (2007) 1 of 4
Size (of disclosed) 5 of 7
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-01 Seabrook Enterprises

Seabrook, New Hampshire, United States

Seabrook Enterprises is a private company categorized under Peanut Butter and located in Edenton, NC. Current estimates show this company has an annual revenue of $50 to 100 million and employs a staff of approximately 50 to 99. Seabrook Enterprises is an Add-on-acquisition company of Universal Blanchers, LLC.

Buy -

Seller(S) 2

SELLER

Horizon Partners

Milwaukee, Wisconsin, United States

Investor Investor

website


Category Family Office
Founded 1990
Size Small
Type Sector Agnostic
DESCRIPTION

Horizon Partners, Ltd. is a private investment holding company which acquires and builds private companies. Horizon looks to invest in medium-sized businesses valued from $3 to $50 million with sales of $10 to $100 million. Sectors of interest include food, specialty chemicals, packaging, general industrial, printing, consumer products, business and financial services, electronics, and plastics. Horizon Partners has offices in Naples, Florida and Milwaukee, Wisconsin.


DEAL STATS #
Overall 11 of 18
Sector (Food) 3 of 6
Type (Add-on Acquisition) 3 of 7
State (Georgia) 1 of 1
Country (United States) 11 of 17
Year (2007) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 Groeb Farms

Onsted, Michigan, United States

Groeb Farms, Inc. is a domestic processor and packager of honey for the industrial food ingredient and foodservice markets. Groeb Farms is based in Onsted, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-01 Seabrook Enterprises

Seabrook, New Hampshire, United States

Seabrook Enterprises is a private company categorized under Peanut Butter and located in Edenton, NC. Current estimates show this company has an annual revenue of $50 to 100 million and employs a staff of approximately 50 to 99. Seabrook Enterprises is an Add-on-acquisition company of Universal Blanchers, LLC.

Sell -
SELLER

Marquette Capital Partners

St. Louis Park, Minnesota, United States

Investor Investor Investor Investor

website


Category Mezzanine Finance Firm
Founded 1997
PE ASSETS 258M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Marquette Capital Partners (MCP) is a private investment focused on junior capital investments in mature lower-middle market companies. MCP looks to invest $2 to $10 million per transaction to support growth, recapitalization, or change of control transactions. Prospective companies are typically manufacturers of consumer or industrial products, value-added distributors, business to business service companies, and retail businesses. MCP will not invest in start-ups, early stage venture capital, or real estate businesses. The firm is an affiliate of Marquette Financial Companies, a multibillion dollar financial services firm. Marquette Capital Partners was formed in 1997 and is based in Minneapolis, Minnesota, with an additional office in Chicago, Illinois.


DEAL STATS #
Overall 2 of 16
Sector (Food) 1 of 2
Type (Add-on Acquisition) 2 of 7
State (Georgia) 1 of 2
Country (United States) 2 of 16
Year (2007) 2 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-01 Paramount Building Solutions

Phoenix, Arizona, United States

Paramount Building Solutions, Inc. is a provider of outsourced janitorial services to the retail industry. The Company currently services over 1,700 individual store locations throughout the United States. Paramount Building Solutions was founded in 2003 and is based in Phoenix, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-01 Diamond Communication Solutions

Alpharetta, Georgia, United States

Diamond Communication Solutions is a full-service provider in the design, production, and deployment of data-driven, highly personalized customer communications with a focus on the healthcare and financial industries. Diamond Communication Solutions was founded in 2001 and is based in Alpharetta, Georgia.

Sell -