M&A Deal Summary

Verus Foods Acquires ZC Top Apparel Manufacturing

On April 3, 2020, Verus Foods acquired consumer products company ZC Top Apparel Manufacturing

Acquisition Highlights
  • This is Verus Foods’ 1st transaction in the Consumer Products sector.
  • This is Verus Foods’ 1st transaction in Philippines.

M&A Deal Summary

Date 2020-04-03
Target ZC Top Apparel Manufacturing
Sector Consumer Products
Buyer(s) Verus Foods
Deal Type Add-on Acquisition

Target

ZC Top Apparel Manufacturing

Zamboanga City, Philippines
ZC Top Apparel Manufacturing, Inc. is a Philippines-based maker of reusable N95 fabric masks and biohazard suits. ZC Top Apparel Manufacturing, Inc. is the biggest apparel manufacturer in the region. ZC Top Apparel is equipped with modern industrial machinery to manufacture clothing.

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Buyer(S) 1

Buyer

Verus Foods

Gaithersburg, Maryland, United States

Category Company
Sector Food
DESCRIPTION

Verus Foods, Inc. is an international supplier of consumer food products, is focused on international consumer packaged goods, foodstuff distribution, and wholesale trade. The Company’s fine food products are sourced and exported internationally.


DEAL STATS #
Overall 2 of 2
Sector: Consumer Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Philippines M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-26 Big League Foods

Gaithersburg, Maryland, United States

Big League Foods, Inc. sells MLB-branded frozen dessert products and confections. The confections product line will include gummi and chocolate candies. Products will feature the “home team” packaging to match the fan base in each region. More than 2,500 retail locations, including large national and regional retailers, have agreed to stock these MLB-branded products in freezer cases.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-28 Big League Foods

Gaithersburg, Maryland, United States

Big League Foods, Inc. sells MLB-branded frozen dessert products and confections. The confections product line will include gummi and chocolate candies. Products will feature the “home team” packaging to match the fan base in each region. More than 2,500 retail locations, including large national and regional retailers, have agreed to stock these MLB-branded products in freezer cases.

Sell -