M&A Deal Summary

Tres Coracoes Alimentos S.A. Acquires Mitsui Alimentos

On February 18, 2020, Tres Coracoes Alimentos S.A. acquired food company Mitsui Alimentos from Mitsui & Co for 210M BRL

Acquisition Highlights
  • This is Tres Coracoes Alimentos S.A.’s 1st transaction in the Food sector.
  • This is Tres Coracoes Alimentos S.A.’s 0th largest (disclosed) transaction.
  • This is Tres Coracoes Alimentos S.A.’s 1st transaction in Brazil.

M&A Deal Summary

Date 2020-02-18
Target Mitsui Alimentos
Sector Food
Buyer(s) Tres Coracoes Alimentos S.A.
Sellers(s) Mitsui & Co
Deal Type Divestiture
Deal Value 210M BRL

Target

Mitsui Alimentos

Santos, Brazil
Mitsui Alimentos Ltda. is a coffee roaster and exporter emerged in 1974 from the merger of two companies. One existing in Brazil since 1959, in Dracena (interior of São Paulo), which was called Yoshioka & Cia, and was from a family of Japanese immigrants that was dedicated to the purchase, processing of coffee and other cereals for the domestic market and for export.

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Buyer(S) 1

Buyer

Tres Coracoes Alimentos S.A.

Fortaleza, Brazil

Category Company
Sector Food
DESCRIPTION

Tres Coracoes Alimentos S.A. is a coffee company industrializes and markets more than 20 brands of coffee, including: 3 Corações, Santa Clara, Pimpinela, Iguaçu, Kimimo, Letícia, Fino Grão, Itamaraty, among others.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
Country (Brazil) 1 of 1
Year (2020) 1 of 1

Seller(S) 1

SELLER

Mitsui & Co

Tokyo, Japan

Category Company
Founded 1947
Sector Diversified
Employees53,602
Revenue 13.32T JPY (2024)
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 10 of 14
Sector (Food) 1 of 1
Type (Divestiture) 6 of 9
Country (Brazil) 1 of 1
Year (2020) 1 of 2
Size (of disclosed) 1 of 2
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DATE TARGET DEAL TYPE VALUE
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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-25 OSIsoft

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OSIsoft, Inc. is a provider of real-time industrial data software and services. OSIsoft was founded in 1980 and is based in San Leandro, California.

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