M&A Deal Summary

Mitsui & Co and KENKO Mayonnaise Co. Acquire Hans Kissle Co.

On January 23, 2019, Mitsui & Co and KENKO Mayonnaise Co. acquired food company Hans Kissle Co. for 108M USD

Acquisition Highlights
  • This is Mitsui & Co’s 1st and KENKO Mayonnaise Co.’s 1st transaction in the Food sector.
  • This is Mitsui & Co’s 2nd and KENKO Mayonnaise Co.’s largest (disclosed) transaction.
  • This is Mitsui & Co’s 11th and KENKO Mayonnaise Co.’s 1st transaction in the United States.
  • This is Mitsui & Co’s 1st and KENKO Mayonnaise Co.’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2019-01-23
Target Hans Kissle Co.
Sector Food
Buyer(s) Mitsui & Co
KENKO Mayonnaise Co.
Deal Type Add-on Acquisition
Deal Value 108M USD

Target

Hans Kissle Co.

Haverhill, Massachusetts, United States
Hans Kissle Co. LLC develops, manufactures, and sells a wide range of high-quality, wholesale delicatessen main and side dishes, desserts, and other prepared foods for supermarkets and grocery stores in the Northeastern United States. Hans Kissle's strong track record in producing safe, secure, and delicious food products, achieved through a high level of quality control built over decades, has enabled the company to steadily expand its business in the growing U.S. prepared foods market.

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Buyer(S) 2

Buyer

Mitsui & Co

Tokyo, Japan

Category Company
Founded 1947
Sector Diversified
Employees56,400
Revenue 14.66T JPY (2025)
DESCRIPTION

Mitsui & Co engages in the export, import, wholesale, and retail of steel products; steel processing; mining and sale of iron ores; and sale and trading of ferrous scrap and alloy products and chemicals, energy, food, food & retail management, healthcare & service, consumer business, IT & communication business, corporate development business. Mitsui & Co was founded in 1947 and is based in Tokyo, Japan.


DEAL STATS #
Overall 22 of 51
Sector: Food M&A 1 of 2
Type: Add-on Acquisition M&A Deals 12 of 21
State: Massachusetts M&A 1 of 2
Country: United States M&A 11 of 18
Year: 2019 M&A 2 of 7
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-22 Position Partners Pty

Campbellfield, Australia

Position Partners Pty Ltd. is a provider of positioning and machine control solutions for surveying, civil works, and building activities. Position Partners was founded in 2008 and is based in Campbellfield, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-29 Yellow Door Energy

Dubai, United Arab Emirates

Yellow Door Energy is a distributed Commercial & Industrial (“C&I”) solar platform in the Middle East and Africa (“MEA”) region with around 200MW of secured production capacity. Yellow Door Energy is based in Dubai, United Arab Emirates.

Buy -
Buyer

KENKO Mayonnaise Co.

Tokyo, Japan

Category Company
Founded 1958
Sector Food
Employees2,923
DESCRIPTION

KENKO Mayonnaise Co. Ltd. conduct three major businesses: 1) manufacturing business; this effectively utilizes the company’s expertise in manufacturing mayonnaise, dressings and long life salad, 2) delicatessen business; our subsidiaries with production knowledge of fresh delicatessen and designing new menus, 3) shop & website business (Salad Cafe); Salad Cafe is an actual retail shop of fresh salad and a website store opened with the concept of ‘salad brings a new world to our meals’.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
Size (of disclosed) 1 of 1