PAI / Charles Jobson €885 million acquisition of Wessanen

17/4/2019
Private acquisition

€ 885 million

$ 993.103 million

Announced

17/4/2019


Overview:

  • Private equity firm PAI Partners and investor Charles Jobson have agreed to acquire Dutch food company Wessanen for €885 million.
  • Following the completion of the deal, PAI will hold approximately 62% while Wessanen's current largest shareholder, Charles Jobson, will hold approximately 38% of the food company.
  • Wessanen is currently the owner of brands such as Kallø, Whole Earth, and Clipper Teas.

Prin Shasiharan - Researcher

Jurisdiction:

Netherlands

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Food and beverage


Firms:

Party: Wessanen (Target)

Lawyer: Charles Honée


Party: Charles Jobson (Acquirer)

Lawyer: Arne Grimme


Party: PAI Partners (Acquirer)

Party: Charles Jobson (Acquirer)