At Lewis Corporate Advisory every member of the team has a depth of experience in the Consumer and Industrials sector. We have acted on some of the largest Food & Beverages and Agribusiness transactions in the Australian market
The Consumer and Industrials Sector comprises some of the more traditional businesses in any financial market.
Although many businesses, such as travel, entertainment and restaurants, suffered disproportionately through COVID lock-downs, many have benefited from the post-COVID rebound in consumer spending and pent up demand. However, they remain exposed to constrained supply chains, labour shortages and resurging inflation, which will likely hit near-term earnings.
Traditional earnings based valuation metrics are more prevalent and there is a large pool of Mergers and Acquisitions advisers offering their services to these clients.
Depth of experience is fundamental to adding value in negotiating and structuring deals in this sector, responding with agility to challenges that invariably arise in any negotiation.
Examples of Consumer and Industrials sector transactions we have led include:
Food, Beverages and Agribusiness
- Advised Organic Dairy Farmers Australia on sale of dairy assets, milk supply and refinancing
- Advised S Kidman on sale of cattle farm business to Australian Outback Beef for $386.5m
- Advised PAG Asia on acquisition of The Cheesecake Shop
- Advised Inghams Enterprises on $880m sale to TPG
- Advised Bob Ingham on acquisition of 100% of Inghams Enterprises
- Advised ready-meal food business on sale process
- Advised NSW-based agriculture business on sale process
- Advised QLD meat processor on sale process
- Advised on potential roll-up of mid-tier chicken producers
- Advised Pepsi-Co, Inc on sale of Snack Brands Australia, which had not previously traded, to Dollar Sweets Holding
- Advised Fonterra on the sale of its WA dairy assets to Archer Capital
- Advised Mountadam Vineyards on sale to Cape Mentelle / LVMH
- Advised Lion Nathan on sale of Pepsi-Cola Bottlers Australia business to Schweppes
- Advised Constellation Brands on establishment of USA Pacific Wine Partners joint venture (US$100m)
- Advised the Coca-Cola Company on the A$2.25bn acquisition, in conjunction with San Miguel, of Coca-Cola Bottlers Philippines from Coca-Cola Amatil
- Advised Southcorp on A$1.4bn acquisition of Rosemount
- Advised Constellation Brands on A$2.4bn acquisition of BRL Hardy to create world’s largest wine company
- Led Macquarie investment in New-Zealand listed 42 Below vodka
- Advised Asia Pacific Breweries on US$105m acquisition of Fosters Vietnam business
- Advised 42 Below vodka on NZ$138m acquisition by Bacardi
Other Consumer
- Advised Thorn Group on sale of Radio Rentals to Credit Corp
- Advised Thorn Group on strategic review
- Advised Thorn Group on response to on-market offer from Somers Limited
- Advised McPherson’s on sale of Housewares business to Facklemann (Germany)
- Advised McPherson’s on sale process for two other consumer divisions
- Advised Apparel Group on acquisition of JAG from Fusion Retail Brands
- Advised corporate merchandising business on sale options
- Advised WD & HO Wills on Australian leg of BAT/Rothmans merger
Other Industrial
- Advising global engineering firm on Australasian acquisition strategy (current)
- Advising on aggregation in building materials sector (current)
- Advised AWD Group on sale process
- Advising Parsons Brinckerhoff on acquisitions in mining services space
- Advised Gale Pacific on Shareholder Value Realisation Review
- Advised Elgin National Industries on US$292m sale of Roberts & Schaefer to KBR
- Advised Probuild on its acquisition of Contexx
