M&A Deal Summary

Olam Acquires Brooks Peanut Company

On June 9, 2016, Olam acquired food company Brooks Peanut Company for 85M USD

Acquisition Highlights
  • This is Olam’s 10th transaction in the Food sector.
  • This is Olam’s 4th largest (disclosed) transaction.
  • This is Olam’s 6th transaction in the United States.
  • This is Olam’s 1st transaction in Alabama.

M&A Deal Summary
Date 2016-06-09
Target Brooks Peanut Company
Sector Food
Buyer(s) Olam
Deal Type Add-on Acquisition
Deal Value 85M USD

Target

Brooks Peanut Company

Samson, Alabama, United States
Brooks is the sixth largest peanut sheller in the US and the largest Alabama-based sheller, processing approximately 110,000 Farmer Stock Tons (FST) with an annual capacity at 175,000 FST. Founded in 1959, the company is based in Samson, Alabama.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Olam

Singapore, Singapore
Category Company
Founded 1989
Sector Agriculture
Employees39,192
Revenue 35.8B SGD (2020)
DESCRIPTION

Olam is a Singapore listed global and integrated supply chain manager that sources, processes, distributes, and markets select agricultural commodities in around 60 countries across Europe, North and South America, Asia and Africa. It is the world’s largest player in cashew, sheanut and Robusta coffee markets and a significant global supplier of cocoa, cotton, rice, sugar, timber and sesame. Olam participates along the entire supply chain starting from the farm gate in the origin countries to the factory gates in destination countries. Olam was founded in 1989 and is based in Singapore.

DEAL STATS #
Overall 10 of 12
Sector (Food) 10 of 12
Type (Add-on Acquisition) 7 of 9
State (Alabama) 1 of 1
Country (United States) 6 of 7
Year (2016) 2 of 3
Size (of disclosed) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-01 Acacia Investments

United Arab Emirates

Acacia Investments is a provider of edible oil refining and distribution services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-24 Schluter

Liverpool, United Kingdom

Schluter Ltd. is an independent coffee company, that produces, markets and supplies arabica coffees. Schluter Ltd. was established in 1858 and is headquartered in Liverpool, England.

Buy $8M
Mergr

Product

Company

Legal