M&A Deal Summary

Parmalat Dairy & Bakery Acquires Astro Food Service

On September 1, 1998, Parmalat Dairy & Bakery acquired food company Astro Food Service for 52M USD

Acquisition Highlights

This is Parmalat Dairy & Bakery’s 1st transaction in the Food sector.
This is Parmalat Dairy & Bakery’s largest (disclosed) transaction.
This is Parmalat Dairy & Bakery’s 1st transaction in the United States.

M&A Deal Summary
Date	1998-09-01
Target	Astro Food Service
Sector	Food
Buyer(s)	Parmalat Dairy & Bakery
Deal Type	Add-on Acquisition
Deal Value	52M USD
Advisor(s)	Kerlin Capital Group LLC (Financial)

Target

Astro Food Service

United States

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Buyer(S) 1

Buyer

Parmalat Dairy & Bakery

Toronto, Ontario, Canada

Category	Company
Founded	1969
Sector	Food

DESCRIPTION

Parmalat Dairy & Bakery, Inc. produces and markets milk and dairy products.

DEAL STATS	#
Overall	1 of 1
Sector (Food)	1 of 1
Type (Add-on Acquisition)	1 of 1
Country (United States)	1 of 1
Year (1998)	1 of 1
Size (of disclosed)	1 of 1