M&A Deal Summary |
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Date | 2021-01-11 |
Target | Corbion N.V. - Frozen Dough Business |
Sector | Food |
Buyer(s) | Frodo Baking |
Sellers(s) | Corbion |
Deal Type | Divestiture |
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Frodo Baking Co. is a manufacturer and distributor of frozen dough products, as well as other baked goods, to leading retailers.
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 (2021) | 1 of 1 |
Corbion is engaged in the production and supply of biobased food ingredients and biochemicals. The Company delivers biobased products made from renewable resources and applied in global markets like bakery, meat, culinary, pharma, home and personal care, and resins. Corbion was founded in 1919 and is based in Amsterdam, the Netherlands.
DEAL STATS | # |
---|---|
Overall | 1 of 3 |
Sector (Food) | 1 of 3 |
Type (Divestiture) | 1 of 3 |
State (New Jersey) | 1 of 1 |
Country (United States) | 1 of 2 |
Year (2021) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-03-25 |
Granotec do Brasil S.A.
Araucária, Brazil Granotec do Brasil S.A. is a specialist in functional blends for the Brazilian bakery industry. Granotec is a platform of a technological application into biotechnology and nutrition, supplying ingredients as well as services, such as laboratory analysis, equipment sales, and its technical assistance and professional qualification. |
Buy | $45M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-07-01 |
Granolife
Santiago de Querétaro, Mexico Granolife provides Nutrition, Biotechnology, and New Technologies to improve the quality of food and contribute to people's health. Granolife was founded in 2002 and is based in Santiago de Querétaro, Mexico. |
Buy | - |