M&A Deal Summary

Nestlé Acquires Grupo CRM

On September 7, 2023, Nestlé acquired consumer products company Grupo CRM from Advent International

Acquisition Highlights
  • This is Nestlé’s 5th transaction in the Consumer Products sector.
  • This is Nestlé’s 1st transaction in Brazil.

M&A Deal Summary

Date 2023-09-07
Target Grupo CRM
Sector Consumer Products
Buyer(s) Nestlé
Sellers(s) Advent International
Deal Type Add-on Acquisition

Target

Grupo CRM

São Paulo, Brazil
Grupo CRM is a premium chocolate producer with established brands such as Kopenhagen and Chocolates Brasil Cacau and Kop Koffee and has a state-of-the-art manufacturing plant in Extrema, Minas Gerais, in the southeast of Brazil. Grupo CRM is based in São Paulo, Brazil.

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Buyer(S) 1

Buyer

Nestlé

Vevey, Switzerland

Category Company
Founded 1866
Sector Food
Employees251,786
Revenue 91.7B CHF (2024)
DESCRIPTION

Nestlé is a large food, beverage, and consumer products company. The Company has more than 2000 brands in its portfolio and operates globally. Nestlé was established in 1866 and is based in Vevey, Switzerland.


DEAL STATS #
Overall 21 of 22
Sector: Consumer Products M&A 5 of 5
Type: Add-on Acquisition M&A Deals 15 of 15
Country: Brazil M&A 1 of 1
Year: 2023 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-04 Nestlé s Palforzia

Vevey, Switzerland

Nestlé's Palforzia is an oral immunotherapy treatment approved for the mitigation of allergic reactions, including anaphylaxis, which may occur with accidental exposure to peanuts for patients aged 4 to 17 years with a confirmed diagnosis of peanut allergy by the U.S. Food and Drug Administration (FDA), the European Commission (EC), the Medicines and Healthcare products Regulatory Agency (MHRA) in the U.K., and by Swissmedic.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-01 European Pizza Group

Germany

European Pizza Group specializes in the frozen pizza business in Europe.

Buy -

Seller(S) 1

SELLER

Advent International

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 91.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 223 of 233
Sector: Consumer Products M&A 8 of 8
Type: Add-on Acquisition M&A Deals 82 of 87
Country: Brazil M&A 13 of 13
Year: 2023 M&A 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-08 Quest Global Services

Singapore , Singapore

Quest Global Services is a global engineering solutions provider with a proven track record of serving the product development & production engineering needs of high technology companies. Quest Global Services was founded in 1997 and is based in Singapore.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-10 American Heart of Poland

Ustron, Poland

American Heart of Poland is an operator of cardiovascular treatment clinics in Poland. The company offers prophylaxis and diagnostics, through cardiology, cardiac surgery, and vascular surgery procedures, to individually tailored rehabilitation. American Heart of Poland was founded in 2000 and is based in Ustron, Poland.

Sell -