M&A Deal Summary

World Finer Foods Acquires Liberty Richter

On November 20, 2009, World Finer Foods acquired food company Liberty Richter from Ecotone

Acquisition Highlights
  • This is World Finer Foods’ 1st transaction in the Food sector.
  • This is World Finer Foods’ 1st transaction in the United States.
  • This is World Finer Foods’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2009-11-20
Target Liberty Richter
Sector Food
Buyer(s) World Finer Foods
Sellers(s) Ecotone
Deal Type Divestiture

Target

Liberty Richter

Bloomfield, New Jersey, United States
Liberty Richter specializes in the management of specialty food and beverage brands owned by third-party clients.

Search 214,239 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

World Finer Foods

Bloomfield, New Jersey, United States

Category Company
Founded 1971
Sector Food
DESCRIPTION

World Finer Foods, Inc. provide consumers with a wide variety of quality specialty food products at affordable prices and to offer specialty food companies cost effective access to top of the line sales, marketing and distribution expertise.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1

Seller(S) 1

SELLER

Ecotone

Saint Genis Laval, France

Category Company
Founded 1765
Sector Food
Revenue 628M EUR (2018)
DESCRIPTION

Ecotone is a multinational food company focused on providing sustainable and organic food to people with operations in Europe and North America. Ecotone was formed in 1765 and is based in Saint Genis Laval, France.


DEAL STATS #
Overall 2 of 9
Sector: Food M&A 2 of 8
Type: Divestiture M&A Deals 2 of 7
State: New Jersey M&A 1 of 2
Country: United States M&A 1 of 4
Year: 2009 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-03 Karl Kemper

Borken, Germany

Karl Kemper produces frozen meat, poultry and vegetarian meal components for the German out-of-home channel. Karl Kemper was founded in 1975 and is based in Borken, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-31 Righi S.r.l

Parma, Italy

Righi is specialized in the production of oven-ready frozen products, particularly those typical of the Emilian traditional cuisine.

Sell -