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M&A Deal Summary

AAK Acquires Unilever NV - Frita

On July 18, 2014, AAK acquired food company Unilever NV - Frita from Unilever

Acquisition Highlights
  • This is AAK’s 10th transaction in the Food sector.
  • This is AAK’s 2nd transaction in Turkey.

M&A Deal Summary
Date 2014-07-18
Target Unilever NV - Frita
Sector Food
Buyer(s) AAK
Sellers(s) Unilever
Deal Type Divestiture

Target

Unilever NV - Frita

Turkey
Frita is a Turkish frying oil brand.

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Buyer(S) 1

Buyer

AAK

Malmö, Sweden
Category Company
Sector Food
Employees4,000
Revenue 45.1B SEK (2024)
DESCRIPTION

AAK is a producer of high-value-added specialty vegetable oils and fats solutions. These oils and fats solutions are characterized by a high level of technological content and innovation. AAK is based in Malmö, Sweden.

DEAL STATS #
Overall 11 of 17
Sector: Food M&A 10 of 16
Type: Divestiture M&A Deals 5 of 7
Country: Turkey M&A 2 of 2
Year: 2014 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-10 Fabrica Nacional de Grasas S.A.

Cota,, Colombia

Fabrica Nacional de Grasas S.A. (FANAGRA), a Colombian company that specializes in vegetable oils and fats for the bakery segment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-03 Binol AB

Karlshamn, Sweden

Binol AB is a provider of vegetable-based biolubricants in the Nordic countries .

Sell -

Seller(S) 1

SELLER

Unilever

London, United Kingdom
Category Company
Founded 1894
Sector Consumer Products
Employees115,964
Revenue 60.8B EUR (2024)
DESCRIPTION

Unilever is a multinational consumer goods company. Its products include food, beverages, cleaning goods and personal care products. Unilever was founded in 1894 and is based in London, United Kingdom.

DEAL STATS #
Overall 17 of 23
Sector: Food M&A 9 of 10
Type: Divestiture M&A Deals 17 of 23
Country: Turkey M&A 2 of 2
Year: 2014 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-10 SlimFast

Palm Beach Gardens, Florida, United States

SlimFast offers a variety of shakes, powders, snack bars, and portion‑controlled snacks for weight management. SlimFast was founded in 1977 and is based in Palm Beach Gardens, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-06 Tea Too Pty

Collingwood, Australia

T2 is a premium Australian tea business. The current T2 business operates 40 stores and its range of fragrant teas and tea wares from around the world are also sold through some of the best restaurants in the country.

Buy -
Mergr

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