Transactions - Consumer & retail

LHD Group Deutschland GmbH, a provider of professional and protective clothing, such as uniforms, protective gear, functional clothing, workwear and corporate fashion, acquired Guido Maria Kretschmer Corporate Fashion GmbH, which focuses on corporate fashion concepts and design.

Distribuidora Rancho Los Molinos S.A. de C.V., leader in the bulk seeds and hermetically sealed seeds industry, sold a stake to a group of private investors including the private equity fund Mexico Development I.

Ajinomoto Co, a global manufacturer of seasonings, processed foods, beverages, amino acids, pharmaceuticals, and specialty chemicals, through its Belgian subsidiary Ajinomoto OmniChem N.V., acquired a majority stake in Agro2Agri S.L. , a Spanish agrochemical consortium specialized in the production of bio stimulants.

Bid Corporation of South Africa acquired a majority shareholding in Pier 7 Foods, based in Gröbenzell, Germany, securing entry into the lucrative German food service market.

Clairfield provided strategic advice to the shareholders of Meatless on valuation, legal restructuring and execution.

Insula AS acquired the seafood division of Apetit Plc, the Helsinki-listed Finnish food company. The acquired business is a major manufacturer of salmon and rainbow trout fish products in Finland and a high-quality fish and shellfish product producer in Norway and Sweden.

Funds organized by Equity Partners, a Sydney-based private equity business, provided growth capital for 5.4, a leading provider of results-focused, home-delivered meal plans targeted at millennials.

Two Norwegian meal-box providers, Godtlevert and Adams Matkasse, joined forces, creating a combined entity large enough to thrive in the competitive food retail landscape.

René Laurent was sold to Frutarom by Thierry and Jean Louis Laurent, the company’s owners and managers, descendents of the Laurent family which founded the company in 1885.

Tournus Equipment, a French manufacturer of stainless steel equipment for professional kitchens, acquired CED Fabrications, a UK-based commercial-catering equipment manufacturer.

Wish Days S.r.l., the leading Italian retailer of experience-based gift boxes, was sold to Smartbox Group. Wish Days provides a wide range of products and services in the prepaid activity industry.  Smartbox Group, based in France, provides gift packages that entitles the user to a leisure activity.

Shareholders of LG Harris & Co Ltd disposed the business to a wholly-owned subsidiary of Oslo-headquartered Orkla. Harris, founded in 1928, is a market leader in painting tools for the UK Do-It-Yourself sector.

CORE Gaming, a content studio that specializes in the development of HTML5 real money games for casino operators and platform holders, was sold to Sky Betting and Gaming, one of the UK’s leading online bookmakers.

Cottel.com, specializing in the design, manufacture, and sale of promotional items, acquired Sacar, a French designer and manufacturer of small leather goods and luggage for famous brands.

Systemax Inc. (NYSE: SYX), an American Fortune 1000 company that sells computers, computer supplies, consumer electronics, and industrial products, signed a definitive agreement under which Cancom SE (ETR:COK) acquires certain assets of Misco Germany.

LIM Group sold a minority stake to CM-CIC Investissement. LIM is the parent company of CWD Sellier and Devoucoux, two prestigious manufacturers of horse saddles.

Terry White Group, a leading Australian pharmacy franchise, merged with EBOS Group’s Chemmart, creating one of Australia’s largest retail pharmacy networks of approximately 500 stores representing AUD 2 billion in annual sales.

Grove, a leading processor and distributor of juice products across Australia and selected export markets, was sold in part to the Estens family (a 50% shareholder) who acquired the remaining 50% from the Willis family.

Ets Grassot,  a family company owning garden centers under the franchise Villaverde, was sold to Gamm Vert, the top garden center retailer in France. Ets Grassot is the leading garden center in Lyon.

A private investor acquired a minority share in The Vegetarian Butcher, a producer and wholesaler of a whole new generation of meat substitutes.