M&A Deal Summary |
|
|---|---|
| Date | 2020-10-26 |
| Target | The J.M. Smucker - Crisco Business |
| Sector | Food |
| Buyer(s) | B&G Foods |
| Sellers(s) | J. M. Smucker |
| Deal Type | Divestiture |
| Deal Value | 550M USD |
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B&G Foods is a manufacturer, seller and distributor of a diversified portfolio of high-quality, shelf-stable branded food products including pickles and peppers, hot sauces, wine vinegar, maple syrup, molasses, snack foods, fruit spreads, pasta sauces, beans, ready-to-use spices, salad dressings, marinades, taco shells and kits, and taco sauce and seasonings. B&G Foods was incorporated in 1822 and is based in Parsippany, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 19 |
| Sector (Food) | 18 of 19 |
| Type (Divestiture) | 9 of 10 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 18 of 19 |
| Year (2020) | 2 of 2 |
| Size (of disclosed) | 2 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-19 |
Farmwise
Wellesley, Massachusetts, United States Farmwise LLC is a provider of vegan foods under the brand of Farmwise, Veggie Fries, Veggie Tots, and Veggie Rings. Farmwise is based in Wellesley, Massachusetts. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-05 |
Growers Express - Frozen Vegetable Manufacturing Operations
Yuma, Arizona, United States Growers Express' Frozen Vegetable Manufacturing Operations include inventory, equipment, a sublease for a portion of a manufacturing facility in Yuma, Arizona, and a lease for a warehouse facility in San Luis, Arizona. Growers Express' Frozen Vegetable Manufacturing Operations is based in Yuma, Arizona. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1897 |
| Sector | Food |
| Employees | 7,300 |
| Revenue | 8.5B USD (2023) |
J. M. Smucker is a marketer and manufacturer of fruit spreads, retail packaged coffee, peanut butter, shortening and oils, ice cream toppings, sweetened condensed milk, and natural foods products. J. M. Smucker was founded in 1897 and is based in Orrville, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 8 |
| Sector (Food) | 3 of 7 |
| Type (Divestiture) | 3 of 8 |
| State (Ohio) | 2 of 4 |
| Country (United States) | 3 of 8 |
| Year (2020) | 1 of 2 |
| Size (of disclosed) | 1 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-07-09 |
Hometown Food
Chicago, Illinois, United States Hometown Food Co. is a U.S. manufacturer and marketer of dry baking mixes, frozen pancakes, frozen waffles, frozen French toast, ready-to-spread frosting, flour, and other baking ingredients under the Pillsbury®, Funfetti®, Hungry Jack®, White Lily®, Jim Dandy®, Martha White®, Arrowhead Mills®, SunSpire®, De Wafelbakkers®, and Birch Benders® brands. Hometown Food Co. was formed in 2018 and is based in Chicago, Illinois. |
Sell | $375M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-04 |
Natural Balance
San Diego, California, United States Natural Balance is a premium pet food brand specializing in high-quality dog and cat food products sold exclusively through the pet specialty and eCommerce channels. Natural Balance has a 30+ year history in premium formulations and was a pioneer of limited ingredient diets. Natural Balance was founded in 1989 and is based in San Diego, California. |
Sell | - |
