M&A Deal Summary |
|
|---|---|
| Date | 1988-10-31 |
| Target | Mondelez International |
| Sector | Food |
| Buyer(s) | Altria |
| Deal Type | Add-on Acquisition |
| Deal Value | 13.1B USD |
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| Category | Company |
|---|---|
| Founded | 1822 |
| Sector | Consumer Products |
| Employees | 6,300 |
| Revenue | 20.7B USD (2022) |
Altria is a global holding company focused on tobacco products. Altria Group, Inc.'s direct and indirect wholly-owned subsidiaries include Philip Morris USA Inc., which is engaged in the manufacture and sale of cigarettes and certain smokeless products in the United States; John Middleton Co., which is engaged in the manufacture and sale of machine-made large cigars and pipe tobacco, and is a wholly-owned subsidiary of PM USA; and UST LLC, which through its direct and indirect wholly-owned subsidiaries, including U.S. Smokeless Tobacco Company LLC and Ste. Michelle Wine Estates Ltd., is engaged in the manufacture and sale of smokeless products and wine. Philip Morris Capital Corporation, another wholly-owned subsidiary of Altria Group, Inc., maintains a portfolio of leveraged and direct finance leases. In addition, Altria Group, Inc. holds approximately 26.9% of the economic and voting interest of SABMiller plc. Altria was incorporated in 1822 and is based in Richmond, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 7 |
| Sector (Food) | 2 of 2 |
| Type (Add-on Acquisition) | 2 of 5 |
| State (Illinois) | 1 of 1 |
| Country (United States) | 2 of 6 |
| Year (1988) | 1 of 1 |
| Size (of disclosed) | 1 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1985-09-28 |
General Foods
White Plains, New York, United States General Foods was a food conglomerate whose products included Post cereals, Tang, Kool-Aid and Crystal Light powdered drinks, Birds Eye vegetables, Log Cabin syrup and Stove Top stuffings. General Foods was formed in 1895 and was phased out in 1990. The Company was based in White Plains, New York. |
Buy | $5.6B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1995-01-05 |
General Foods
White Plains, New York, United States General Foods was a food conglomerate whose products included Post cereals, Tang, Kool-Aid and Crystal Light powdered drinks, Birds Eye vegetables, Log Cabin syrup and Stove Top stuffings. General Foods was formed in 1895 and was phased out in 1990. The Company was based in White Plains, New York. |
Sell | - |
