Bob Evans Farms - M&A Summary, Ownership, and Business Overview

FoodCompany

Bob Evans Farms M&A Summary

Bob Evans Farms has acquired 2 companies of its own. It has also divested 2 assets.

Bob Evans Farms’ largest acquisition to date was in 2004, when it acquired SWH Mimi s Cafe for $182M. It’s largest disclosed sale occurred in 2017, when it sold Bob Evans Restaurants to Golden Gate Capital for $565M. Bob Evans Farms has acquired in 2 different US states. The Company’s most targeted sectors include agriculture (50%) and restaurants (50%).

Bob Evans Farms Ownership

Who owns Bob Evans Farms?

Bob Evans Farms is owned by Post Holdings. It was acquired on September 19, 2017.

Bob Evans Farms Business Overview

Where is Bob Evans Farms headquartered?

Bob Evans Farms is headquartered in New Albany, Ohio.

What is Bob Evans Farms’ revenue?

Bob Evans Farms disclosed revenue of 1,349M USD for 2015 and 1,328M USD for 2014.

How many employees does Bob Evans Farms have?

Bob Evans Farms has 7,471 employees.

What sector is Bob Evans Farms in?

Bob Evans Farms is a food company.

When was Bob Evans Farms founded?

Bob Evans Farms was founded in 1948.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity2
    • M&A Sell Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 3
  • M&A Advisors 3

Bob Evans Farms, Inc.

8111 Smith's Mill Road,
New Albany, Ohio 43054
United States,
(614) 491-2225
www.bobevans.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $297M $297M
Sell (0.0/yr) # 2 - - - - - 2
vol $615M $615M
  4

Most Recent M&A

Company Date Value Type
Bob Evans Restaurants 2017-01-24 565M USD Divestiture
New Albany, Ohio · www.bobevans.com
Pineland Farms Potato Co. 2017-01-24 115M USD Divestiture
Mars Hill, Michigan · www.pinelandpotatoes.com
SWH Mimi's Cafe LLC 2013-02-15 50M USD Divestiture
Irvine, California · www.mimiscafe.com
SWH Mimi's Cafe LLC 2004-06-14 182M USD Add-on Acquisition
Irvine, California · www.mimiscafe.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
BEF Foods, Inc.    - Kettle Lima Production 2012-08-14 1
Columbus, Ohio , United States

M&A by Sector

Sector Buy # Value Sell # Value
Restaurants 1 (50%) 182M (61%) 2 (100%) 615M (100%)
Agriculture 1 (50%) 115M (39%) - -
Total 2 $297M 2 $615M

By Geo

State/Country Buy Value Sell Value
United States 2 297M 2 615M
  California 1 182M 1 50M
  Michigan 1 115M - -
  Ohio - - 1 565M
Total 2 $297M 2 $615M

Top M&A Advisors

Financial Deals
Lazard Ltd.
1
J.P. Morgan Securities
1
Lincoln International
1

Deal Values

buy # Total
$100M to $1B 2 $297M
TOTAL $297M
Largest SWH Mimi's Cafe LLC
$182M (2004-06-14)
sell # Total
$100M to $1B 1 $565M
< $100M 1 $50M
TOTAL $615M
Largest Bob Evans Restaurants
$565M (2017-01-24)

M&A Connections

Deals
Acquired from
Strategic(s)
50%
1 (50%)
Divested to
Investor(s)
50%
1 (50%)
Strategic(s)
50%
1 (50%)

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