M&A Deal Summary |
|
|---|---|
| Date | 2021-02-24 |
| Target | Modern Food Enterprises Pvt. |
| Sector | Food |
| Buyer(s) | Grupo Bimbo S.A.B. de C.V. |
| Sellers(s) | Everstone Capital |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Investec (Financial) |
SEARCH BY
Grupo Bimbo, S.A.B. de C.V. is a provider of baking companies in the world in terms of production and sales volume. As the market leader in the Americas, Grupo Bimbo has 144 plants and more than 1,600 distribution centers strategically located in 19 countries throughout the Americas, Europe and Asia. Its main product lines include sliced bread, buns, cookies, snack cakes, English muffins, bagels, pre-packaged foods, tortillas, salted snacks and confectionery products, among others.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 6 |
| Sector: Food M&A | 4 of 6 |
| Type: Add-on Acquisition M&A Deals | 3 of 5 |
| Country: India M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-20 |
East Balt
Chicago, Illinois, United States East Balt is a global bakery business spanning four continents with 21 bakeries in 11 countries. East Balt has grown over the last 60+ years through partnerships with leading food service organizations and with a dynamic portfolio of high quality products including buns, bagels, English muffins, tortillas and breads. East Balt is recognized as a quality and innovation leader and is committed to driving the success of its customers. |
Buy | $650M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-29 |
Kanan Smart Solution
Lerma de Villada, Mexico Kanan Smart Solution focuses on the development of artificial intelligence and X-ray inspection technology. Kanan Smart Solution is based in Lerma de Villada, Mexico. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| PE ASSETS | 3.2B USD |
| Size | Large |
| Type | Sector Agnostic |
Everstone Group is a private equity firm focused on traditional private equity investments as well as real estate transactions. Within private equity, the Firm seeks to invest in businesses focused on domestic consumption as well as companies that are 'enablers of domestic infrastructure'. Everstone is a 'hands on' investor, willing to take an active role in managing investments. Within real estate, Everstone looks for retail, and mixed use developments, as well as industrial warehouses. Everstone Group was formed in 2006 and is based in Singapore.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 14 |
| Sector: Food M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 2 of 3 |
| Country: India M&A | 9 of 10 |
| Year: 2021 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-11 |
OmniActive Health Technologies
Mumbai, India OmniActive Health Technologies is a provider of naturally sourced ingredients for eye health, weight management and heart health to global nutraceutical companies that provide food supplements and nutritional fortification. OmniActive Health Technologies was founded in 2005 and is based in Morristown, New Jersey. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-01 |
ReGen Powertech
Chennai, India ReGen Powertech is a wind energy company and it is uniquely positioned to capitalize on the growing demand for wind power energy and other geographies. ReGen Powertech is based in Chennai, Tamil Nadu. |
Sell | - |
