Squarefield acted as exclusive financial advisor to Signature Foods on the acquisition of 1Bite Foods
On May 26, 2021, our client Signature Foods acquired 1Bite Foods (“1Bite”), a Dutch processor of tapas, antipasti and convenience (snacking) products. Squarefield acted as exclusive M&A advisor to Signature Foods on the acquisition of 1Bite.
1Bite is a rapidly growing Dutch processor of convenience foods in the tapas, antipasti and convenience (snacking) category supplying mainly leading retailers in Western Europe. The Company has been experiencing rapid growth in recent years and expects to continue expanding rapidly in the following years in this category. 1Bite Foods is based in Katwijk, the Netherlands, and operates further production facilities in Almelo and Utrecht, the Netherlands.
Signature Foods is a Dutch spreads and convenience foods company, Signature Foods has noted rapid growth in recent years expanding beyond its Benelux base. The company has a strong portfolio of iconic local brands in the Benelux, France, Germany and Poland. Signature Foods is headquartered in Hilversum, the Netherlands and is owned by Pamplona Capital Management since late 2020.