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  5. Acorn Agri & Food Acquires Montagu Dried Fruit & Nuts

M&A Deal Summary

Acorn Agri & Food Acquires Montagu Dried Fruit & Nuts

On October 16, 2014, Acorn Agri & Food acquired food company Montagu Dried Fruit & Nuts

Acquisition Highlights
  • This is Acorn Agri & Food’s 1st transaction in the Food sector.
  • This is Acorn Agri & Food’s 1st transaction in South Africa.

M&A Deal Summary
Date 2014-10-16
Target Montagu Dried Fruit & Nuts
Sector Food
Buyer(s) Acorn Agri & Food
Deal Type Add-on Acquisition

Target

Montagu Dried Fruit & Nuts

Cape, South Africa
Montagu Dried Fruit & Nuts is provider of a wide range of selected dried fruit, nuts and related products. It has a significant share of the retail market in South Africa, especially in small packet products. Montagu supplies its products to large retailers for sale under their own house-brand labels, as well as to its franchise stores located throughout South Africa. The franchise stores stock the products in the company’s distinct orange packaging. Montagu Dried Fruit & Nuts was founded in 2001 and is based in Cape, South Africa.

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Buyer(S) 1

Buyer

Acorn Agri & Food

Western Cape, South Africa
Category Company
Sector Agriculture
DESCRIPTION

Acorn Agri & Food is a vertically integrated South African agriculture and food group with a legacy of more than 100 years. Acorn Agri & Food is based in Western Cape, South Africa.

DEAL STATS #
Overall 1 of 2
Sector: Food M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: South Africa M&A 1 of 2
Year: 2014 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-01 Overberg Agri

Caledon, South Africa

Overberg Agri is a diversified regional agri business provider in South Africa. Overberg Agri is based in Caledon, South Africa.

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