Divestiture • Food

Brakes Bros Acquires Davigel SAS

On April 15, 2015, Brakes Bros acquired food company Davigel SAS from Nestlé

Acquisition Context
  • This is Brakes Bros’ 1st transaction in the Food sector.
  • This is Brakes Bros’ 1st transaction in France.

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M&A Deal Summary

Date April 15, 2015
Target Davigel SAS
Sector Food
Buyer(s) Brakes Bros
Sellers(s) Nestlé
Deal Type Divestiture

Target Company

Davigel SAS

Dieppe, France
Davigel SAS is a manufacturer and distributor of meat products such as Ham, Sausages, Veal and lamb meat, and ready meals. The company was founded in 1963 and is based in Dieppe, France.
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Buyer Overview 1

Buyer

Brakes Bros

Ashford, United Kingdom

Category Company
Founded 1958
Sector Food
Employees15,000
Revenue 3.3B GBP (2015)
DESCRIPTION

Brakes Bros is a food supplier to caterers in the UK and France. Its strong understanding of the needs of the catering industry, combined with innovation in both products and service, has seen Brakes develop into the major supplier of frozen, fresh and ambient foods to caterers across the UK.


Deal Context for Buyer #
Overall 1 of 1
Sector: Food 1 of 1
Type: Divestiture 1 of 1
Country: France 1 of 1
Year: 2015 1 of 1

Seller Profile 1

SELLER

Nestlé

Vevey, Switzerland

Category Company
Founded 1866
Sector Food
Employees251,786
Revenue 91.7B CHF (2024)
DESCRIPTION

Nestlé is a large food, beverage, and consumer products company. The Company has more than 2000 brands in its portfolio and operates globally. Nestlé was established in 1866 and is based in Vevey, Switzerland.


Deal Context for Seller #
Overall 13 of 20
Sector: Food 8 of 11
Type: Divestiture 10 of 17
Country: France 2 of 2
Year: 2015 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-12 Nestlé South Africa s Ice Cream

Bryanston, United Kingdom

Nestlé South Africa's Ice Cream manufactures Ice Cream.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-05 Froneri

North Yorkshire, United Kingdom

Froneri is an ice cream manufacturer in Europe. The Company manufactures a broad range of primarily private-label ice cream products across the UK, France, Italy, and Germany. Froneri was founded in 2016 and is based in North Yorkshire, United Kingdom.

Buy -

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