M&A Deal Summary

Cadbury Acquires Cadbury Adams USA

On December 17, 2002, Cadbury acquired food company Cadbury Adams USA from Pfizer for 4.2B USD

Acquisition Highlights
  • This is Cadbury’s 1st transaction in the Food sector.
  • This is Cadbury’s largest (disclosed) transaction.
  • This is Cadbury’s 1st transaction in the United States.
  • This is Cadbury’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2002-12-17
Target Cadbury Adams USA
Sector Food
Buyer(s) Cadbury
Sellers(s) Pfizer
Deal Type Divestiture
Deal Value 4.2B USD

Target

Cadbury Adams USA

Parsippany, New Jersey, United States
Cadbury Adams is a provider of confectionery products. Adams does business in over 70 countries.

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Buyer(S) 1

Buyer

Cadbury

Birmingham, United Kingdom

Category Company
Founded 1824
Sector Food
DESCRIPTION

Cadbury Ltd. is a UK producer of confectionary products. The Company was formed in 1824 and is based in Birmingham.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2002) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-24 Schweppes Australia Pty

South Melbourne, Australia

Schweppes Australia Pty Ltd. is a manufacturer, distributor and marketer of non-alcoholic ready to drink beverages and cordials, to meet all kinds of refreshment and thirst-quenching needs.

Sell -

Seller(S) 1

SELLER

Pfizer

New York, New York, United States

Category Company
Founded 1849
Sector Life Science
Employees8,300
Revenue 58.5B USD (2023)
DESCRIPTION
Pfizer office in Lake Forest, Illinois.
Pfizer office in Lake Forest, Illinois.

Pfizer is a global pharmaceutical company that is involved in the discovery, development, manufacture, and marketing of a wide range of healthcare products, including medicines and vaccines. The company's portfolio includes treatments across a broad spectrum of areas such as oncology, cardiology, neurology, and infectious diseases, among others. Pfizer was founded in 1849 and is based in New York, New York.


DEAL STATS #
Overall 3 of 18
Sector (Food) 1 of 2
Type (Divestiture) 3 of 15
State (New Jersey) 1 of 2
Country (United States) 2 of 13
Year (2002) 2 of 2
Size (of disclosed) 3 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-11-06 Tetra

Melle, Germany

Producer of aquatic pet food.

Sell $238M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-04-16 Pharmacia

Peapack, New Jersey, United States

Pharmacia Corp. a pharmaceutical and biotechnological company.

Buy $60.0B