Bain Capital has fought off other private equity bidders to acquire Dublin-based Valeo Foods from CapVest in a deal worth more than €1.7 billion. It was originally used as a vehicle to acquire two separate Irish businesses, Batchelors and Origin Foods. It has since expanded from an exclusively Irish food business into a global one with multiple brands and lines. “Valeo Foods has been developed into a key player in the European food industry by a talented and ambitious team. CapVest and Management received financial advice from Goldman Sachs, legal advice from Willkie Farr & Gallagher, financial due diligence services from KPMG, commercial due diligence services from EY-Parthenon, and tax due diligence and structuring services from PwC.

Source: The Irish Times May 10, 2021 09:11 UTC