M&A Deal Summary |
|
|---|---|
| Date | 2023-02-21 |
| Target | Noga Dairy |
| Sector | Food |
| Buyer(s) | Desi Fresh Foods |
| Sellers(s) | Raymundos Food Group |
| Deal Type | Divestiture |
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Desi Fresh Foods develops and markets branded Indian yogurts (Dahi) and cheese (Paneer) which is predominantly sold through ethnic retailers. Desi has established itself as the #1 Indian Dahi brand in the U.S. The company enjoys the widest brand awareness, highest net promoter score, and widest distribution among any Dahi brand in the U.S. Desi Fresh Foods is based in Farmingdale, New York.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Food) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (New York) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2023) | 1 of 1 |
Raymundos Food Group is a manufacturer and marketer of predominantly branded refrigerated snacks and desserts. The Company’s portfolio of gelatins, flans, puddings and other ready-to-eat products has strong connectivity to the growing Hispanic demographic in the United States, and provides a unique value-proposition to food retailers. Raymundos Food Group is based in Bedford Park, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Food) | 2 of 2 |
| Type (Divestiture) | 2 of 2 |
| State (New York) | 2 of 2 |
| Country (United States) | 2 of 2 |
| Year (2023) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-02-21 |
Desi Fresh Foods
Farmingdale, New York, United States Desi Fresh Foods develops and markets branded Indian yogurts (Dahi) and cheese (Paneer) which is predominantly sold through ethnic retailers. Desi has established itself as the #1 Indian Dahi brand in the U.S. The company enjoys the widest brand awareness, highest net promoter score, and widest distribution among any Dahi brand in the U.S. Desi Fresh Foods is based in Farmingdale, New York. |
Sell | - |
