Pinnacle Foods - M&A Summary, Ownership, and Business Overview

FoodCompany

Pinnacle Foods M&A Summary

Pinnacle Foods has acquired 5 companies of its own. A total of 2 acquisitions came from private equity firms.

Pinnacle Foods’ largest acquisition to date was in 2009, when it acquired Birds Eye Foods for $1.3B. Pinnacle Foods has acquired in 3 different US states, and 3 countries. The Company’s most targeted sectors include food (100%).

Pinnacle Foods Ownership

Who owns Pinnacle Foods?

Pinnacle Foods is owned by Conagra Brands. It was acquired on June 27, 2018.

Was Pinnacle Foods formerly PE-backed?

Yes. Pinnacle Foods was formerly owned by 3 private investors.

Pinnacle Foods Business Overview

Where is Pinnacle Foods headquartered?

Pinnacle Foods is headquartered in Parsippany, New Jersey.

What is Pinnacle Foods’ revenue?

Pinnacle Foods disclosed revenue of 3,144M USD for 2017 and 3,128M USD for 2016.

How many employees does Pinnacle Foods have?

Pinnacle Foods has 4,900 employees.

What sector is Pinnacle Foods in?

Pinnacle Foods is a food company.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity5
  • Total Sectors Invested 1
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 3
  • M&A Advisors 5

Pinnacle Foods, Inc.

399 Jefferson Road,
Parsippany, New Jersey 07054
United States,
(973) 541-6620
www.pinnaclefoods.com

Pinnacle Foods, Inc. is a manufacturer and marketer of branded convenience food products in the United States and Canada. Its product range includes frozen dinners and entrees, frozen seafood, breakfasts, bagels, pickles, peppers and relish, baking mixes and frostings, and syrups and pancake mixes.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 5 - - - - - 5
vol $3.0B $3.0B
Sell (0.0/yr) # - - - - - - 0
  5

Most Recent M&A

Company Date Value Type
Boulder Brands, Inc. 2015-11-24 975M USD Add-on Acquisition
Paramus, New Jersey · www.boulderbrands.com
Garden Protein International, Inc.(Gardein) 2014-11-14 133M CAD Add-on Acquisition
Richmond, British Columbia · www.gardein.com
Unilever NV - Wish-Bone Salad Dressings 2013-08-12 580M USD Divestiture
Rotterdam, Netherlands
Birds Eye Foods, Inc. 2009-12-01 1.3B USD Add-on Acquisition
Rochester, New York · www.birdseyefoods.com
Aurora Foods Inc. 2003-10-14 - Special Situations/Distressed
St. Louis, Missouri · www.aurorafoods.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Food 5 (100%) 3.0B (100%) - -
Total 5 $3.0B - -

By Geo

State/Country Buy Value Sell Value
United States 3 2.3B - -
  New York 1 1.3B - -
  New Jersey 1 975M - -
  Missouri 1 - - -
Canada 1 133M - -
  British Columbia 1 133M - -
Netherlands 1 580M - -
Domestic 3 (60%) 2.3B (76%) - -
Cross-border 2 (40%) 713M (24%) - -
Total 5 $3.0B - -

Top M&A Advisors

Financial Deals
BofA Securities
2
Barclays Investment Bank
1
Credit Suisse Investment Banking
1
Legal Deals
Simpson Thacher & Bartlett
1
Cravath, Swaine & Moore
1

Deal Values

buy # Total
> $1B 1 $1.3B
$100M to $1B 3 $1.7B
TOTAL $3.0B
Largest Birds Eye Foods, Inc.
$1.3B (2009-12-01)

M&A Connections

Deals
Acquired from
Investor(s)
40%
2 (40%)
Strategic(s)
20%
1 (20%)

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