Marley Spoon to Acquire Chefgood

December 20, 2021

Marley Spoon AG has entered into an agreement to acquire 100% of the shares of Melbourne-based ready-to-heat meal provider Chefgood Pty Ltd for up to AUD 21.0m, plus earn-outs of up to AUD 5.6m tied to revenue targets. The deal is expected to close in January 2022 and is to be funded via an AUD 8m equity placement and an AUD 11m extension to its existing debt facility with Runway Growth Capital.

Buyers
Marley Spoon AG
Targets
Chefgood Pty Ltd
Industry
Food & Beverage
Location
Victoria, Australia
Transaction Type
Buyout

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