Add-on Acquisition • Food

Groupe Lactalis SA Acquires siggi s

On January 4, 2018, Groupe Lactalis SA acquired food company siggi s

Acquisition Context
  • This is Groupe Lactalis SA’s 5th transaction in the Food sector.
  • This is Groupe Lactalis SA’s 2nd transaction in the United States.
  • This is Groupe Lactalis SA’s 1st transaction in New York.

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M&A Deal Summary

Date January 4, 2018
Target siggi s
Sector Food
Buyer(s) Groupe Lactalis SA
Deal Type Add-on Acquisition
Advisor(s) J.P. Morgan Securities (Financial)
Giannuzzi Lewendon (Legal)

Target Company

siggi s

New York, New York, United States
The Icelandic Milk & Skyr Corp. is a manufacturer and supplier of yogurts. The Icelandic Milk & Skyr Corp. was established in 2005 and is based in New York City.
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Buyer Overview 1

Buyer

Groupe Lactalis SA

Laval, France

Category Company
Sector Food
Employees54,000
DESCRIPTION

Groupe Lactalis is globally the largest dairy player, employing more than 54,000 people and operating in 70 countries through 200 factories. Lactalis develops well-known international brands such as Président, Galbani and Parmalat


Deal Context for Buyer #
Overall 5 of 7
Sector: Food 5 of 7
Type: Add-on Acquisition 4 of 4
State: New York 1 of 1
Country: United States 2 of 4
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-03 Stonyfield Farm

Manchester, New Hampshire, United States

Stonyfield Farm, Inc. is a producer and seller of organic yogurt products that includes smoothies, frozen and soy yogurts. Stonyfield Farm, Inc. was founded in 1983 and is based in Manchester, New Hampshire.

Buy $875M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-08 Commonwealth Yoghurt Holdings

Brattleboro, Vermont, United States

Commonwealth Yoghurt Holdings LLC has two state-of-the-art manufacturing facilities that employ 250 people in Brattleboro, Vermont and Casa Grande, Arizona and manufactures and distributes yogurt and other dairy products under the Green Mountain Creamery® and Liebe® brands.

Buy -