Houlihan Lokey Advises Quorn Foods
The transaction is expected to close by October 30, 2015
Houlihan Lokey announced the pending sale of Quorn Foods, a portfolio company of Exponent Private Equity, to Monde Nissin for £550 million. The transaction is expected to close by October 30, 2015.
Quorn, headquartered in Stokesley in the United Kingdom, is an international meat alternatives business with a market leading position in 15 countries. The company's sales in 2014 were £150.3 million.
Monde Nissin, a leading branded consumer goods company based in the Philippines, is building a global branded food business focused on health and sustainability. Exponent is a private equity firm investing in UK-headquartered businesses with enterprise values between £75 million and £350 million from their third fund of £1 billion raised in 2015. Exponent is based in London.
If you would like more information about Houlihan Lokey, or if you have any questions regarding the pending sale of Quorn, please contact one of the deal team members listed.