Columbia West Capital News - Industry Deal Intelligence
07.31.13 CWC Q2 2013 Health and Wellness M&A and Financing Report


This report is prepared as a courtesy to the Health and Wellness business community by Columbia West Capital based on our research and information collected by our firm. Despite our dedicated efforts, occasionally a deal might be missed or appropriate credit not given to legal or financial advisors. Please feel free to contact us if you have information on a transaction that you want to ensure is included and credit attributed to appropriate advisors.       

M&A - Strategic  

4/19/2013 Avoca Inc. acquired an esterification plant from Raisio plc (HLSE:RAIVV) for an undisclosed amount. Avoca develops and manufactures nutraceutical, botanical, and dietary products, and is based in Merry Hill, North Carolina. Raisio develops, manufactures, and markets foods, functional food ingredients, and animal feeds. The esterification plant produces plant stanol ester, a cholesterol-lowering ingredient, and is located in Summerville, South Carolina.        

5/2/2013 The Hain Celestial Group, Inc. (NasdaqGS:HAIN) acquired Ella's Kitchen Group Limited for $44.4 million in stock. The Hain Celestial Group manufactures and sells natural and organic products, and is based in Melville, New York. Ella's Kitchen Group produces baby foods, and is based in London, England. Davenport Lyons served as legal advisor to Ella's Kitchen Group. DLA Piper LLP served as legal advisor to The Hain Celestial Group.

5/9/2013 Attune Foods, Inc. agreed to acquire The Organic and Natural Cereal, Granola and Snacks business from Hearthside Food Solutions, LLC for $158.0 million in cash. Attune Foods produces natural foods to support the dietary goals of consumers and is based in San Francisco, California. The Organic and Natural Cereal, Granola and Snacks business of Hearthside Food comprises private label granola and cereal products.

5/13/2013 Del Monte Corporation agreed to acquire Natural Balance Pet Foods, Inc. from VMG Partners for an undisclosed amount. Natural Balance Pet Foods develops and produces natural pet food, and is based in Pacoima, California. Del Monte produces branded pet and consumer food products, and is based in San Francisco, California. VMG Partners is a private equity firm based in San Francisco, California. Simpson Thacher & Bartlett LLP is serving as legal advisor to Del Monte. Reed Smith LLP is serving as legal advisor to Natural Balance Pet Foods.    

5/23/2013 Campbell Soup Company (NYSE:CPB) agreed to acquire Plum Organics, Inc. for an undisclosed amount. Campbell Soup manufactures and markets branded convenience food products, and is based in Camden, New Jersey. Plum Organics produces organic baby food products, and is based in New York, New York. Jones Day is serving as legal advisor to Plum Organics. Davis Polk & Wardwell is serving as legal advisor to Campbell Soup.      

M&A - Financial    

4/11/2013 Lakeview Equity Partners, LLC acquired UAS Laboratories, Inc. for an undisclosed amount. Lakeview Equity Partners is a private equity firm based in Milwaukee, Wisconsin. UAS Laboratories develops, manufactures, and markets probiotics and antioxidants, and is based in Edina, Minnesota.    

Private Placements  

5/20/2013 Maine's Own Organic Milk Company, L3C, LLC announced that it will receive $3.1 million in equity funding. Maine's Own Organic Milk Company produces organic milk, and is based in Augusta, Maine.