Lamb Weston to acquire remaining 50% stake in Lamb-Weston/Meijer for €700M

Lamb Weston Holdings agreed to purchase the remaining equity interests in its European joint venture Lamb-Weston/Meijer from Meijer Frozen Foods B.V. for €700 million, consisting of €525 million in cash and €175 million in common stock. The transaction is expected to close in the second half of fiscal 2023.

“The joint venture has served as a strong platform to drive growth in Europe and the Middle East, as well as to support our global customer base across our key international markets.”businesswire.com

• 3 sources
• businesswire.comLamb Weston Holdings Announces Agreement to Acquire Remaining Interests in European Joint Venture Lamb-Weston/MeijerInvestor RelationsOct 20, 2022
• potatopro.comMergers and Acquisitions from Northern America | Page 2 PotatoProOct 22, 2022
• potatopro.comMergers and Acquisitions from the Americas | Page 2 PotatoProDec 22, 2022

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