M&A Deal Summary

Princes Acquires Premier Foods’ East Anglian

On July 25, 2011, Princes acquired food company Premier Foods’ East Anglian from Premier Foods

Acquisition Highlights
  • This is Princes’ 1st transaction in the Food sector.
  • This is Princes’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2011-07-25
Target Premier Foods’ East Anglian
Sector Food
Buyer(s) Princes
Sellers(s) Premier Foods
Deal Type Divestiture

Target

Premier Foods’ East Anglian

United Kingdom
Premier Foods’ East Anglian canning operations provides food product services.

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Buyer(S) 1

Buyer

Princes

Liverpool, United Kingdom

Category Company
Founded 1880
Sector Food
DESCRIPTION

Princes is a provider of international food and drink group.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2011 M&A 1 of 1

Seller(S) 1

SELLER

Premier Foods

St Albans, United Kingdom

Category Company
Founded 1975
Sector Food
Employees4,137
Revenue 1.1B GBP (2025)
DESCRIPTION

Premier Foods is a manufacturer and distributer of branded and own label food products in the United Kingdom, other European countries, and internationally. It operates through grocery, sweet treats, and international segments. Premier Foods was founded in 1975 and is based in St Albans, the United Kingdom.


DEAL STATS #
Overall 4 of 9
Sector: Food M&A 3 of 8
Type: Divestiture M&A Deals 3 of 7
Country: United Kingdom M&A 3 of 7
Year: 2011 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-15 Quorn Foods

Westport, Connecticut, United States

Quorn Foods trades under the brands Quorn and Cauldron. Quorn is a UK market leader in meat-alternative foods and is one of the largest meat-alternative brands in the world.

Sell £205M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-08 Premier s Brookes Avana

United Kingdom

Premier's Brookes Avana business comprising of RF Brookes chilled foods and Avana Bakeries

Sell £30M