Frutarom is to acquire a majority share of Chr Hansen, a savory flavors and processed meats company, in a £21.7 million deal.
Round-up of today’s M&A deals
The move will give Frutarom far greater presence in Italy in line with the companies plans for growth. Frutarom said its presence in Italy had been ‘slight’ and the deal ‘will serve as a platform on which to expand into this important market’.
Frutarom has acquired several European companies in the past few years, including two companies earlier this year, East Anglian Food Ingredients in the UK and Rieber Industrial Spices Savory in Norway.
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Round-up of today’s M&A deals
- James Fisher & Sons’ defense division announces contract deal with Swedish Navy’s rescue vehicle
Sector: Defense
Value: £11 million
Advisers: Financial Dynamics
- Alkane Energy acquires interests in two onshore gas exploration licenses via the conditional acquisition of Seven Star Natural Gas
Sector: Energy
Value: £1.2 million
Advisers: Altium Capital Limited, Hudson Sandler
- Groupe Eurotunnel and STAR Capital Partners establish joint venture
Sector: Energy
Value: £217.3 million
Advisers: no external advisors
- Jupiter Petroleum acquisition date pushed back for Global Petroleum
Sector: Commodities
Value: undisclosed
Advisers: Northland Capital Partners
- Bayside Capital’s Portfolio Company DIAM announces the purchase of GDP and GDP Tunisia Tech
Sector: Manufacturing
Value: undisclosed
Advisers: H.I.G. Capital
- Healthcare technology firm Phyaura has acquired EHR Live
Sector: Medical
Value: undisclosed
Advisers: undisclosed
- Brigus Gold to Sell remaining interest in Dominican Republic Properties to Everton Resources
Sector: Mining
Value: undisclosed
Advisers: undisclosed
- Citer Invest takes a majority share of Capra Investments a subsidiary of Russian real estate company Sistema-Hals
Sector: Real Estate
Value: undisclosed
Advisers: undisclosed
- VinaCapital Vietnam Opportunity Fund acquires consumer goods company Yen Viet Joint Stock
Sector: Consumer Goods
Value: undisclosed
Advisers: Numis Securities, LCF Edmond de Rothschild Securities, Grant Thornton Corporate Finance, VinaCapital Investment Management
