M&A Deal Summary |
|
|---|---|
| Date | 2021-05-14 |
| Target | Tyson Foods’ Pet Treats Business |
| Sector | Food |
| Buyer(s) | General Mills |
| Sellers(s) | Tyson Foods |
| Deal Type | Divestiture |
| Deal Value | 1.2B USD |
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| Category | Company |
|---|---|
| Founded | 1866 |
| Sector | Food |
| Employees | 32,500 |
| Revenue | 20.1B USD (2023) |
General Mills is a multinational manufacturer and marketer of branded consumer foods sold through retail stores. The Company is also a supplier of branded and unbranded food products to the foodservice and commercial baking industries. General Mills' portfolio includes a wide range of well-known brands such as Cheerios, Yoplait, Betty Crocker, Pillsbury, Haagen-Dazs, Annie's Homegrown, and Nature Valley, among others. The company's products encompass various categories, including cereals, yogurt, snack bars, meal kits, ready-to-eat meals, and frozen desserts. General Mills was founded in 1866 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 20 |
| Sector (Food) | 16 of 18 |
| Type (Divestiture) | 3 of 3 |
| State (Arkansas) | 1 of 1 |
| Country (United States) | 14 of 16 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 4 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-23 |
Yoplait
Minneapolis, Minnesota, United States Yoplait provides a range of dairy products. The company has direct operations in countries including France, the United Kingdom, and Canada, and also manages a network of 26 franchisees that license Yoplait brands. Yoplait was founded in 2001 and is based in Minneapolis, Minnesota. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-24 |
General Mills - European Dough Businesses
Germany General Mills' European Dough Businesses provides ready-to-bake dough solutions. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 1935 |
| Sector | Food |
| Employees | 139,000 |
| Revenue | 53.3B USD (2022) |
Tyson Foods produces, distributes, and markets chicken, beef, pork, prepared foods, and related allied products worldwide. Tyson Foods operates a fully vertically integrated poultry production process. The Company's integrated operations consist of breeding stock, contract growers, feed production, processing, further-processing, marketing and transportation of chicken and related allied products, including animal and pet food ingredients. Tyson also processes live fed cattle and hogs and fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, case ready beef and pork and fully-cooked meats. Finally, Tyson produces a wide range of fresh, value-added, frozen and refrigerated food products. Tyson Foods was founded in 1935 and is based in Springdale, Arkansas.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 7 |
| Sector (Food) | 5 of 6 |
| Type (Divestiture) | 5 of 6 |
| State (Arkansas) | 2 of 2 |
| Country (United States) | 5 of 6 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-08-20 |
Keystone Foods
West Chester, Pennsylvania, United States Keystone Foods LLC is a global manufacturer of protein products and a custom foodservice distributor, primarily to the quick services restaurant industry in the U.S., Europe, Asia and Latin America. The company operates 54 facilities in 13 countries that serve approximately 31,000 restaurants worldwide. In the United States, Keystone is the largest provider of chicken and beef products, the second largest provider of fish products and the third largest distributor to the McDonald’s System. Other key accounts for Keystone include YUM! Brands, ConAgra, and Quizno’s. |
Buy | $2.2B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-02-20 |
Williams Sausage
Union City, Tennessee, United States Williams Sausage provides fresh and fully cooked sausage, bacon, and sandwiches to retail and foodservice customers. Williams Sausage is based in Union City, Tennessee. |
Buy | - |
