KPMG Corporate Finance advises Unilever Foodsolutions NA on the sale of its Custom Frozen Products business to Siméus Foods International, Inc., a portfolio company of Levine Leichtman Capital Partners
August 10, 2007
Simeus Foods International, a portfolio company of Levine Leichtman Capital Partners, announced the acquisition of the Custom Frozen Products business of Unilever Foodsolutions NA. KPMG Corporate Finance LLC advised Unilever Foodsolutions NA. on this transaction. Deal value was not disclosed.
About Unilever Foodsolutions NA
Unilever Foodsolutions NA operates a Custom Frozen Products business (the “Business”) that is a leading developer, manufacturer, and marketer of custom frozen soups, sauces, gravies, and entrée items for major restaurant chains. Headquartered in Lisle, Illinois, the Business is one of the leading suppliers of custom frozen products for restaurant chains in the United States.
About Levine Leichtman Capital Partners
Levine Leichtman Capital Partners makes structured equity investments in middle-market companies. Their investment strategy is to provide capital to industry leading companies that are owned and managed by entrepreneurs.
About KPMG Corporate Finance LLC
KPMG Corporate Finance LLC is a leading financial adviser serving domestic and international clients. KPMG Corporate Finance offers a full suite of investment banking and advisory services and the experience and depth of knowledge in global M&A and project finance to advise clients on mergers and acquisitions, sales and divestitures, buy-outs, financings, restructurings, fairness opinions, infrastructure project finance and other advisory initiatives. Operating in 51 countries, KPMG's Corporate Finance practice comprises more than 1,800 professionals who are able to meet the needs of KPMG's firms’ clients across the globe. In 2006, KPMG's Corporate Finance practice was ranked the number one financial adviser for completing the highest number of transactions globally (434 deals totaling US$48.9 billion), according to Thomson Financial’s global M&A league tables, and was named global financial adviser of the year by Infrastructure Journal.
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Irene Vasilakopoulos
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