M&A Deal Summary

Humber Growers Acquires Van Heyningen Brothers

On July 13, 2001, Humber Growers acquired agriculture company Van Heyningen Brothers from Greencore for 25M EUR

Acquisition Highlights
  • This is Humber Growers’ 1st transaction in the Agriculture sector.
  • This is Humber Growers’ 0th largest (disclosed) transaction.
  • This is Humber Growers’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2001-07-13
Target Van Heyningen Brothers
Sector Agriculture
Buyer(s) Humber Growers
Sellers(s) Greencore
Deal Type Divestiture
Deal Value 25M EUR

Target

Van Heyningen Brothers

Andover, United Kingdom
Van Heyningen Brothers Ltd. is a grower and trader of tomatoes, herbs and cress, operating from seven sites in the U.K. and one in Portugal.

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Buyer(S) 1

Buyer

Humber Growers

Ellerker, United Kingdom

Category Company
Founded 1961
Sector Food
DESCRIPTION

Humber Growers Ltd. engages in packing, marketing and distriution of glasshouse salads in East Yorkshire. The company was founded in 1961 and is headquartered in Ellerker, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector (Agriculture) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2001) 1 of 1

Seller(S) 1

SELLER

Greencore

Dublin, Ireland

Category Company
Founded 1991
Sector Food
Employees13,600
Revenue 1.9B GBP (2023)
DESCRIPTION

Greencore Group is a food company, offering sandwiches, salads, sushi, chilled snacking, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, and frozen Yorkshire Puddings. Greencore Group was founded in 1991 and is based in Dublin, Ireland.


DEAL STATS #
Overall 1 of 19
Sector (Agriculture) 1 of 1
Type (Divestiture) 1 of 19
Country (United Kingdom) 1 of 8
Year (2001) 1 of 6
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-11-10 Hazlewood Foods

Barlborough, United Kingdom

Hazlewood is one of the UK's major manufacturers of own-label convenience foods, supplying a wide range of major retail and food service customers. While Hazlewood's business is primarily based in the UK it has a European presence principally in the Netherlands, Germany and Ireland.

Buy £258M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-10-01 Van Geloven

Tilburg, Netherlands

Van Geloven is a producer of frozen snacks and appetizers in the Benelux market. The company produces various ragouts products (such as croquettes and bitterballs), satay, nasi and bami products (ethnic Indonesian fried rice, respectively, noodle dish) and minced-meat rolls (frikadellen, hamburgers). Van Geloven was formed in 1960 and is based in Tilburg, Netherlands.

Sell €41M