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M&A Deal Summary

Danone Acquires Tessala

On June 8, 2006, Danone acquired beverage company Tessala from Algad Group

Acquisition Highlights
  • This is Danone’s 9th transaction in the Beverages sector.
  • This is Danone’s 2nd transaction in Algeria.

M&A Deal Summary
Date 2006-06-08
Target Tessala
Sector Beverages
Buyer(s) Danone
Sellers(s) Algad Group
Deal Type Divestiture

Target

Tessala

Algeria
Tessala is an Algerian bottled water company manufactures bottled water.

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Buyer(S) 1

Buyer

Danone

Paris, France
Category Company
Founded 1899
Sector Food
Employees89,528
Revenue 27.4B EUR (2024)
DESCRIPTION

Danone is a food & beverage company built on four businesses: Essential Dairy and Plant-Based Products, Waters, Early Life Nutrition, and Medical Nutrition. Danone was founded in 1899 and is based in Paris, France.

DEAL STATS #
Overall 19 of 41
Sector: Beverages M&A 9 of 11
Type: Divestiture M&A Deals 4 of 5
Country: Algeria M&A 2 of 2
Year: 2006 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-25 Danone Djurdjura

Alger,, Algeria

Danone Djurdjura engages in the production and sale of fresh dairy products. Danone Djurdjura currently leads the Algerian market in fresh dairy products with around 40% market share.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-19 Glenisk

Tullamore, Ireland

Glenisk Limited engages in the production of organic yogurts and milk products.

Buy -

Seller(S) 1

SELLER

Algad Group

Algeria
Category Company
Sector Beverages
DESCRIPTION

Algad Group operates in the beverage sector and is based in Algeria.

DEAL STATS #
Overall 1 of 1
Sector: Beverages M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Algeria M&A 1 of 1
Year: 2006 M&A 1 of 1
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