M&A Deal Summary

Post Holdings Acquires Bob Evans Farms

On September 19, 2017, Post Holdings acquired food company Bob Evans Farms for 1.5B USD

Acquisition Highlights
  • This is Post Holdings’ 8th transaction in the Food sector.
  • This is Post Holdings’ 3rd largest (disclosed) transaction.
  • This is Post Holdings’ 9th transaction in the United States.
  • This is Post Holdings’ 1st transaction in Ohio.

M&A Deal Summary
Date 2017-09-19
Target Bob Evans Farms
Sector Food
Buyer(s) Post Holdings
Deal Type Add-on Acquisition
Deal Value 1.5B USD
Advisor(s) J.P. Morgan Securities (Financial)

Target

Bob Evans Farms

New Albany, Ohio, United States
website
Bob Evans Farms, Inc. is a producer and distributor of refrigerated potato, pasta and vegetable-based side dishes, pork sausage, and a variety of refrigerated and frozen convenience food items under the Bob Evans and Owens brand names.

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Buyer(S) 1

Buyer

Post Holdings

St. Louis, Missouri, United States

website

Category Company
Founded 1895
Sector Food
Employees10,420
Revenue 5.9B USD (2022)
DESCRIPTION
Post Holdings' corporate headquarters in St. Louis, Missouri.
Post Holdings' corporate headquarters in St. Louis, Missouri.

Post Holdings is a consumer packaged goods holding company, operating in the center-of-the-store, foodservice, ingredient, refrigerated, active nutrition and private label food categories. Post Holdings was founded in 1895 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 12 of 16
Sector (Food) 8 of 12
Type (Add-on Acquisition) 9 of 11
State (Ohio) 1 of 1
Country (United States) 9 of 13
Year (2017) 2 of 2
Size (of disclosed) 3 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-18 Weetabix

Kettering, United Kingdom

Weetabix is a manufacturer of cereal and cereal-related products under its own brands and private label, exporting to more than 80 countries and operations in North America, South Africa, Germany and Spain. Weetabix was founded in 1932 and is based in Kettering, United Kingdom.

Buy £1.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-07 Peter Pan

Chicago, Illinois, United States

Peter Pan is an operator of a nationally recognized food brand with a 100-year-old history and a diversified customer base across key channels. Peter Pan is based in Chicago, Illinois.

Buy -
Mergr

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