M&A Transactions
Bureau Veritas / Merieux Nutrisciences: The food testing busniess of Bureau Veritas, was acquired by Merieux Nutrisciences, via its financial sponsors Institut Mérieux and Sofina, through a EUR 360 million LBO on February 3, 2025. The company is a provider of food testing services for the food sector across Japan, Morocco, Southeast Asia, and South Africa.
Boxed Water is Better / Nyrad, LLC: The company was acquired by Nyrad, LLC for an undisclosed amount on February 5, 2025. The company is a producer of sustainably packaged flavored water intended to provide an alternative to plastic packaged waters and cans.
Classic Cookie / Legacy Bakehouse: The company was acquired by Legacy Bakehouse, via its financial sponsor Benford Capital Partners, through an LBO on February 5, 2025 for an undisclosed amount. The company is a provider of food manufacturing services for baked goods.
Duncan’s of Deeside / Dean’s Of Huntly: The company was acquired by Dean’s Of Huntly for an undisclosed amount on February 3, 2025. The company is an operator of a flavored shortbread bakery.
Fruitkracht / We Love Fruit International: The company was acquired by We Love Fruit International, via its financial sponsor Mentha Capital, through an LBO on February 3, 2025 for an undisclosed amount. The company is a provider of a service that provides healthy, nutritious snacks to employees.
Homestead Beer Co. / Outerbelt Brewing Company: The company was acquired by Outerbelt Brewing Company for an undisclosed amount on February 6, 2025. The company is an operator of a brewery based in Columbus, Ohio.
Jennings Brewery / Individual Investor: The company was acquired by Mr. Kurt Canfield and Mrs. Rebecca Canfield for an undisclosed amount on February 5, 2025. The company is an operator of a brewery and pub based in Cockermouth, United Kingdom.
Metro / EP Global Commerce: EP Global Commerce GmbH signed an agreement to acquire the remaining 50.01% stake in Metro AG from BC Equities GmbH & Co. KG, Beisheim Holding GmbH, Palatin Verwaltungsgesellschaft Mbh and others for approximately EUR 960 million on February 5, 2025. EP Global Commerce aims to delist the company post acquisition. METRO AG is a global international food service wholesaler which serves the needs of hotels, restaurants, and caterers as well as independent resellers.
Nature’s Formulary / Sami-Sabinsa Group: The company was acquired by Sami-Sabinsa Group for an undisclosed amount on February 3, 2025. The company is a producer of vegan and gluten-free ayurvedic products.
North Brewing / Keystone Brewing Group: The company, a subsidiary of Kirkstall Brewery, was acquired by Keystone Brewing Group, through an LBO on February 6, 2025 for an undisclosed amount. The company is an operator of a beer brewery based in Leeds, United Kingdom.
Rise Brewing Co. / Uptime: The company was acquired for an undisclosed amount on February 5, 2025. The company is a producer of natural, nitrogen-infused organic cold brew coffee.
Sokol & Company / Astorg: The company was acquired by Solina Group, via its financial sponsor Astorg, through an LBO on February 6, 2025 for an undisclosed amount. The company is a manufacturer of food ingredients for sweet and savory sauces and wet specialty products.
Uckermärker Milch / Edeka Zentrale: Edeka Zentrale reached a definitive agreement to acquire the company from Ostmilch Handels for an undisclosed amount on February 5, 2025. The company is an operator of a dairy plant based in Prenzlau, Germany.
Source: Pitchbook Data, Inc.
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