Deal snapshot: GRUPO LALA CLOSES ACQUISITION OF BRAZILIAN DAIRY FIRM VIGOR ALIMENTOS.
Mexican dairy producer Grupo Lala, S.A.B. de C.V. has closed the acquisition of the Brazilian dairy company Vigor Alimentos S.A., including its shareholding in Itamb?(c) Alimentos, S.A., for an implied value of BRL 5.025bn (USD 1.53bn), the group said.
Following a relevant event published on 21 September, the Cooperativa Central dos Produtores Rurais de Minas Gerais Ltda is expected to exercise its right of first refusal to acquire 50% of the remaining Itamb?(c) shares, belonging to Vigor, so the net implied value of the Transaction would be BRL 4.325bn (USD 1.31bn).
Target: Vigor Alimentos S.A.
Buyer: Grupo Lala, S.A.B. de C.V.
Deal size in USD: 1.8bn
Type: Corporate Acquisition
Buyer advisor: , ,
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|Publication:||M & A Navigator|
|Date:||Oct 27, 2017|
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