Consumer Private Placement and M&A Transactions Review Week Ending June 9, 2024

Oishii: The company raised $144 million in Series B venture funding in a deal led by Nippon Telegraph & Telephone on June 4, 2024, putting the company’s pre-money valuation at $400 million. Mizuho Bank, Mitsubishi Shokuhin Company, Yaskawa Electric, Hakuhodo DY Ventures, Daiwa House Ventures, McWin Capital Partners, EBITDA Investments, Mobile Internet Capital, Rivercrest Global, Bloom8, Miyako Capital and Japan Green Investment Corporation for Carbon Neutrality also participated in the round. The company is an operator of an indoor vertical farming technology intended to grow strawberries at a commercial scale.

RIND Snacks: The company raised $2.76 million of venture funding from undisclosed investors on June 7, 2024. The company is a producer of sustainable dried fruit snacks.

IntelliCulture: The company raised CAD 3.5 million of series seed II venture funding in a deal led by Serra Ventures on June 3, 2024. Emmertech and Tall Grass Ventures also participated in the round. The company is a developer of farm management software designed to automatically log real-time and historical data for spray, equipment health, and cost accounting.

Chocolatemakers: The company raised EUR 1.5 million of venture funding from DOEN Participaties Postcode Loterij, Fair Capital Partners and other undisclosed investors on June 4, 2024. The company is a producer of bean-to-bar single-origin chocolate based in Amsterdam.

Nurture Life: The company is in the process of raising venture funding on June 6, 2024. The company is a provider of meal delivery services.

10-Vins / Châteaux VD: The company was acquired by Châteaux VD for an undisclosed amount on June 4, 2024. The company is a developer of a wine monitoring device for at home wine tasting.

Abbelen / Group of Butchers: The company, a subsidiary of More Than Meals, was acquired by Group of Butchers, via its financial sponsor Parcom Capital, through an LBO on June 3, 2024 for an undisclosed amount. The company is a producer of chilled meatballs and ready-made burgers based in Tonisvorst, Germany.

Béziau Volailles / Savel Industries: The company was acquired by Savel Industries for an undisclosed amount on June 4, 2024. The company is a producer of processed meat and poultry products based in France.

Clean Cut Meals / Musgrave Group: The company was acquired by Musgrave Group for an undisclosed amount on June 6, 2024. The company is a provider of custom meal prep services.

Crosstown / Karali Group: The company was acquired by Karali Group, a subsidiary of Burger King UK, for an undisclosed amount on June 5, 2024. The company is an operator of a bakery specialized in sourdough doughnuts, small-batch ice cream, and handmade cookies based in London, United Kingdom.

Eclo / MicroFlavours: The company was acquired by MicroFlavours for an undisclosed amount on June 3, 2024. The company is an operator of an urban farming company intended to produce mushrooms with beer waste.

Organto Europe / Unknown Investor: An undisclosed investor reached a definitive agreement to acquire the Company, a subsidiary of Organto Foods on June 5, 2024. The company is a wholesaler of organic fruits and vegetables based in Breda, Netherlands.

Paris Baguette / Unknown Investor: The company was acquired for an undisclosed amount on June 6, 2024. The company is a producer of bakery and confectionery products.

Rebel Kids / Concept Cool: The company was acquired by Concept Cool Vertriebsgesellschaft MBH for an undisclosed amount on June 4, 2024. The company is a producer of blended food products.

Venus Wine & Spirit Merchants / Booker Group: The company was acquired by Booker Group for an undisclosed amount on June 6, 2024. The company is a distributor of alcohol and non-alcoholic beverages based in London, United Kingdom.

Westende Fruitteelt / Staay Food Group: The company was acquired by Staay Food Group, a subsidiary of Addasta Holding, for an undisclosed amount on June 7, 2024. The company is a producer of fruits based in Fijnaart, Netherlands.

Yew Tree Dairy / Muller UK & Ireland Group: The company reached a definitive agreement to be acquired by Muller UK & Ireland Group for an undisclosed amount on June 5, 2024. The company is a supplier of milk products based in Chorley, United Kingdom.