M&A Deal Summary

Lifecore Biomedical Acquires Lifecore Biomedical

On May 3, 2010, Lifecore Biomedical acquired life science company Lifecore Biomedical from Warburg Pincus for 40M USD

Acquisition Highlights
  • This is Lifecore Biomedical’s 1st transaction in the Life Science sector.
  • This is Lifecore Biomedical’s largest (disclosed) transaction.
  • This is Lifecore Biomedical’s 1st transaction in the United States.
  • This is Lifecore Biomedical’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2010-05-03
Target Lifecore Biomedical
Sector Life Science
Buyer(s) Lifecore Biomedical
Sellers(s) Warburg Pincus
Deal Type Add-on Acquisition
Deal Value 40M USD

Target

Lifecore Biomedical

Chaska, Minnesota, United States
Lifecore Biomedical LLC is dedicated to the development of therapeutic, technically advanced, products that offer long-term compatibility with the human body.

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Buyer(S) 1

Buyer

Lifecore Biomedical

Chaska, Minnesota, United States

Category Company
Founded 1986
Sector Food
Employees524
Revenue 128M USD (2024)
DESCRIPTION
Entrance to Landec's corporate headquarters in Menlo Park, California.
Entrance to Landec's corporate headquarters in Menlo Park, California.

Lifecore Biomedical is a developer and marketer of products for healthy living applications in the food and biomedical markets. Lifecore Biomedical was formed in 1986 and is based in Chaska, United States.


DEAL STATS #
Overall 1 of 2
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2010 M&A 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-02 O Olive Oil & Vinegar

Petaluma, California, United States

O Olive Oil & Vinegar is a producer and seller of olive oils and wine vinegars through natural food, conventional grocery and retail stores. O Olive Oil & Vinegar was founded in 1995 and is based in Petaluma, California.

Buy $3M

Seller(S) 1

SELLER

Warburg Pincus

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1966
PE ASSETS 83.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Warburg Pincus is a mega-sized, global private equity firm focused on investment opportunities across North America, Asia, and Europe. Warburg will consider investing at various company stages, from early-stage opportunities to distressed situations. Warburg Pincus is organized by industry groups. Verticals include financial services, healthcare, technology, media & telecommunications, energy, consumer & industrial, and real estate. Within financial services, Warburg will consider asset/wealth managers, banks, exchanges, financial technology, insurance, transaction processing, private banking, and specialty/consumer finance. Within healthcare, specific areas of interest include medical devices, healthcare services, and biotech/pharmaceuticals. Within technology/media/communications, Warburg targets software, media/internet/information, financial technology, telecom, business services, and systems/semiconductors. Within energy, specific areas of interest include oil/gas exploration, power generation/transmission, and alternative energy. Warburg Pincus raised its first fund in 1966 and is based in New York City.


DEAL STATS #
Overall 52 of 263
Sector: Life Science M&A 9 of 20
Type: Add-on Acquisition M&A Deals 18 of 95
State: Minnesota M&A 2 of 3
Country: United States M&A 32 of 148
Year: 2010 M&A 3 of 6
Size (of disclosed) 65 of 66
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
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Primerica distributes financial products to middle income households in North America. It representatives educate their Main Street clients about how to better prepare for a more secure financial future by assessing their needs and providing appropriate solutions through term life insurance. Primerica was founded in 1927 and is based in Duluth, Georgia.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-04 Poundland

Willenhall, United Kingdom

Poundland is the largest single price discount retailer in Europe.

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