M&A Deal Summary |
|
|---|---|
| Date | 2017-01-31 |
| Target | Allied Mills Pty |
| Sector | Food |
| Buyer(s) | Pacific Equity Partners |
| Sellers(s) |
GrainCorp
Cargill |
| Deal Type | Divestiture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 10.0B AUD |
| Size | Mega |
| Type | Sector Agnostic |
Pacific Equity Partner (PEP) is a private equity firm focused on buyout and late stage expansion capital investments in Australia and New Zealand. PEP typically partners with management teams in acquiring businesses and focuses on transactions valued up to AU$1 Billion. The Firm prefers control situations and typically holds investments for three to six years. PEP will not invest in start-ups or unprofitable businesses, as well as gambling or tobacco companies. Pacific Equity Partners was formed in 1998 and is based in Sydney, Australia. The Firm targets various industries.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 37 |
| Sector: Food M&A | 7 of 8 |
| Type: Divestiture M&A Deals | 7 of 11 |
| Country: Australia M&A | 14 of 27 |
| Year: 2017 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-09-01 |
Patties Food Group
Mentone, Australia Patties Food Group is a provider of frozen savoury and frozen dessert pies, with key products including meat pies, sausage rolls and fruit pies. The company is known for some of Australia’s best-loved brands, including Four’N Twenty, Herbert Adams, Boscastle and Nanna’s, and Leader. Patties Food Group was founded in 1966 and is based in Mentone, Victoria. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-31 |
Pinnacle Bakery & Integrated Ingredients
Newington, Australia Pinnacle Bakery & Integrated Ingredients manufactures and distributes finished backed good, forzen and unbacked specialty products. Pinnacle Bakery & Integrated Ingredients is based in Newington, Australia. |
Sell | - |
GrainCorp core business is the receival and storage of grain and related commodities. It also provides logistics and markets these commodities. GrainCorp was founded in 1916 and is based in Sydney, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Food M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Australia M&A | 1 of 1 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-11-13 |
United Malt Holdings
Australia United Malt Holdings ("UMH"), one of the world's largest producers of malt for use in the brewing and distilling industries. The businesses were acquired from Conagra Foods Inc of the United States and Tiger Brands of South Africa. The remaining 40 percent of Bairds Malt was acquired in 2007. |
Buy | AU$757M |
| Category | Company |
|---|---|
| Founded | 1865 |
| Sector | Agriculture |
| Employees | 142,000 |
| Revenue | 136.6B USD (2012) |
Cargill is a global company involved in the food, agriculture, financial, and industrial sectors. Its operations include the trading, processing, and distribution of agricultural commodities; production of meat, poultry, and other food products for both retail and foodservice markets; and the provision of essential industrial products like salt and bio-industrial materials. Cargill was formed in 1865 and is based in Wayzata, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 22 |
| Sector: Food M&A | 6 of 7 |
| Type: Divestiture M&A Deals | 14 of 18 |
| Country: Australia M&A | 1 of 1 |
| Year: 2017 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-02 |
GRANOVIT AG
Rinaustrasse, Switzerland GRANOVIT AG produces premix and compound feed for poultry, swine, beef cattle and dairy cattle for the Swiss market at three production facilities. The product portfolio also includes specialty feed for pets, horses and zoo animals, as well as medicated feed. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-04-26 |
Cargill - Cattle Feed Yards
Wayzata, Minnesota, United States Cargill, Inc. - Cattle Feed Yards includes feed yards located in Leoti, Kan. and Yuma, Colo. and will add capacity of 155,000 head to the company's operations. The Leoti and Yuma cattle-feeding operations consist of approximately 1,900 acres of land, supporting infrastructure and feed storage assets, which are strategically located near major meat packers. |
Sell | $37M |
