M&A Deal Summary

SunOpta Acquires Supreme Foods

On April 20, 2004, SunOpta acquired distribution company Supreme Foods

Acquisition Highlights
  • This is SunOpta’s 6th transaction in the Distribution sector.
  • This is SunOpta’s 1st transaction in Saudi Arabia.

M&A Deal Summary
Date 2004-04-20
Target Supreme Foods
Sector Distribution
Buyer(s) SunOpta
Deal Type Add-on Acquisition

Target

Supreme Foods

Riyadh, Saudi Arabia
website
Supreme Foods is a distributor of certified organic, natural, kosher and specialty grocery products across Canada, with its headquarters in Toronto. Supreme has a number of exclusive sourcing arrangements as well as a number of products under its own brands.

Search 192,510 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

SunOpta

Mississauga, Ontario, Canada

website

Category Company
Founded 1973
Sector Food
Employees1,451
Revenue 935M USD (2022)
DESCRIPTION

SunOpta is the largest soy processing company in North America, supplying branded product manufacturers such as Hain Celestial (West Soy) and Dean Foods (Silk). The Company also sells other organic, non-genetically modified soy, oat and corn ingredients to food manufacturers. In addition, SunOpta is the largest distributor of organic groceries in Canada. SunOpta?s other holdings include an environmental services company involved in cleaning bridges, ships and other surfaces; and a steam explosion technology division dedicated to exploiting a proprietary technology for extracting pulp in an environmentally friendly manner from straw and other natural products. SunOpta was founded in 1973 and is based in Mississauga, Canada.

DEAL STATS #
Overall 11 of 35
Sector (Distribution) 6 of 11
Type (Add-on Acquisition) 10 of 31
Country (Saudi Arabia) 1 of 1
Year (2004) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-24 General Mills - Oat Fiber Manufacturing Facility

Cedar Rapids, Iowa, United States

General Mills - Oat Fiber Manufacturing Facility engages in the manufacturing of food processing goods. The company’s products include biscuits, cereals, cinnamon rolls/twirls, cookies, mini pancakes, mixes, muffins, baked bars, scones, snacks, yogurt, baked goods, and flour.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-06-01 Snapdragon Natural Foods

Etobicoke, Ontario, Canada

Snapdragon Natural Foods, Inc. is a distributor of organic groceries and frozen products to both the mass market and natural food retailers.

Buy -
Mergr

Product

Company

Legal