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Investindustrial to acquire Natra

04 January 2019 | News

Global investment bank Houlihan Lokey acted as a financial advisor to Natra in the takeover bid

Investindustrial has offered €142.4 million to acquire Spanish chocolatier Natra.

The investment firm has offered €0.90 in cash for each Natra share and €900 euros for each convertible bond. The investment firm mainly invests in medium-sized companies active in sectors such as industrial manufacturing, consumer, leisure and business services.

Madrid-headquartered Natra has six specialised production centres in Spain, Belgium, France and Canada, as well as a permanent commercial presence in Europe, the US and Asia.

Global investment bank Houlihan Lokey acted as a financial advisor to Natra in the takeover bid.

In the nine months to the end of September 2018, Natra posted net earnings of €12.3 million and revenues of €270 million, as it benefitted from higher sales volumes in its consumer division.

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