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Livekindly acquires Dalco from Hilton Food Group

PRIVATEJul 31, 20269 days ago

Acquiring Company

Livekindly Collective

Acquired Company

Dalco Food

United StatesNetherlandsFood and BeverageAgriculture and FarmingFood ProcessingFood and BeverageAgriculture and FarmingHospitalityFood Processing

Description

Livekindly Collective has agreed to acquire Dalco Food, the Dutch vegan unit of Hilton Food Group. This acquisition will enhance Livekindly's capabilities in product development and client relations, fostering growth in the US market. The purchase price for the deal is approximately £5.4m ($7.3m). Livekindly's CEO expressed confidence that Dalco's strengths will contribute to its sustainable growth strategy.

Company Information

Company

Livekindly Collective

Location

United States

About

Livekindly Collective specializes entirely in plant-based foods. The company is pursuing a growth strategy by building an internationally scalable brand portfolio. It aims to strengthen its position in the market for alternative foods. Livekindly Collective focuses on innovation and sustainability in food production.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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