M&A Deal Summary

Burger King Spain Acquires Megafood

On July 30, 2018, Burger King Spain acquired food company Megafood from Diana Capital for 100M EUR

Acquisition Highlights
  • This is Burger King Spain’s 1st transaction in the Food sector.
  • This is Burger King Spain’s 0th largest (disclosed) transaction.
  • This is Burger King Spain’s 1st transaction in the United States.
  • This is Burger King Spain’s 1st transaction in New Hampshire.

M&A Deal Summary
Date 2018-07-30
Target Megafood
Sector Food
Buyer(s) Burger King Spain
Sellers(s) Diana Capital
Deal Type Add-on Acquisition
Deal Value 100M EUR

Target

Megafood

Manchester, New Hampshire, United States
Megafood is a Burger King franchisee in Spain with 80 restaurants located in Andalucia, Extremadura, Canary Islands, Ceuta and Melilla.

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Buyer(S) 1

Buyer

Burger King Spain

Madrid, Spain
Category Company
Sector Restaurants
DESCRIPTION

Burger King Spain (BK Spain) is the subsidiary of Restaurant Brands Iberia, the master franchisee of Burger King for Spain and Portugal. It manages 380 owned restaurants. The deal makes BK Spain the largest QSR operator in the country. Burger King Spain is based in Madrid, Spain.

DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Hampshire) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1

Seller(S) 1

SELLER

Diana Capital

Madrid, Spain

Investor Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 250M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Diana Capital is a Spanish private equity group focused on providing growth or replacement capital to mid-sized companies. Diana generally invests €10 to €25 million per transaction and will consider opportunities in a variety of sectors. Prospective companies are typically market leaders with growth potential or family-controlled businesses in transition. Diana prefers control based positions. Diana Capital was formed in 2000 and is based in Madrid.

DEAL STATS #
Overall 4 of 5
Sector (Food) 1 of 1
Type (Add-on Acquisition) 3 of 4
State (New Hampshire) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-26 Lappi

Dos Hermanas, Spain

Lappi is a manufacturer in the iberian industry of labeling that reaches all kinds of consumer products, mainly food and drinks, and home and personal care products. It has four production plants, one in Sevilla (Dos Hermanas), another one in Barcelona (Abrera) and two in Évora, Portugal (Vila Viçosa). The group exports 48% of its sales, reaching countries of Europe, America, and Africa. Lappi was founded in 1959 and is based in Barcelona, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-09 Lumelco SA

Madrid, Spain

Lumelco SA is an independent air conditioning distributor, focused primarily on AC for domestic and professional use. Lumelco SA was founded in 1963 and is based in Madrid, Spain.

Sell -
Mergr

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