Midsona to acquire French/Spanish Alimentation Santé
The acquisition of Alimentation Santé – a leader in organic and plant-based food in France and Spain – provides an important platform in Midsona’s continued expansion in southern Europe. Strengthens Midsona’s presence in organic and plant-based food and provides new and unique capabilities in attractive segments including plant-based meat alternatives. The total purchase price is EUR 57.5 million (SEK 604 million[1]), on a debt-free/cash-free basis. Midsona will finance the transaction with a bridge loan and plans to complete a share rights issue of up to SEK 600 million later this