Food group selling off candy production division with its own longstanding brand
Offer
Sell
Business agent informs interested operators that a top European food group is looking to sell off a business unit located in Italy with its own historical brand focused on producing and distributing candy. This sale has been proposed because the unit is no longer considered to have strategic value.
The annual turnover reported thus far has been in the range of less than 10 million Euros.
Interested parties (preferably industrial) can access additional details by making a contact request.
M&A introducer has been hired by multinational corporation focused on breakfast food to locate a company producing and distributing cookies and snacks with operations in emerging markets. The ideal target company would be medium/large-sized, with a solid commercial reputation, a turnover showing growth in the most recent 3-year-period and a positive EBTDA; in addition, the ownership should be willing to cede possession of a majority shareholding.
This search is also open to assets earmarked for divestiture by private equity firms