M&A Deal Summary |
|
|---|---|
| Date | 2005-01-31 |
| Target | Arriba Foods |
| Sector | Food |
| Buyer(s) | Hormel Foods |
| Sellers(s) |
Arbor Investments
Bradford Equities Management |
| Deal Type | Add-on Acquisition |
| Deal Value | 47M USD |
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| Category | Company |
|---|---|
| Founded | 1891 |
| Sector | Food |
| Employees | 20,000 |
| Revenue | 12.5B USD (2022) |
Hormel Foods is a multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. Hormel Foods was formed in 1891 and is based in Austin, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 17 |
| Sector (Food) | 3 of 17 |
| Type (Add-on Acquisition) | 2 of 9 |
| State (Wisconsin) | 2 of 2 |
| Country (United States) | 3 of 15 |
| Year (2005) | 1 of 3 |
| Size (of disclosed) | 10 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-07-06 |
Vista International Packaging
Kenosha, Wisconsin, United States Vista International Packaging LLC is a provider of artificial casings and film packaging products to a variety of specialty and broad-line food customers in the meat processing industry. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-03-21 |
Lloyd s Barbeque
St. Paul, Minnesota, United States Lloyd's Barbeque Company, L.L.C. produces barbecue ribs mixed with its barbeque sauce. The company offers pork and beef barbecue ribs; and shredded barbecue chicken, pork, and beef products. The company was founded in 1978 and is based in St. Paul, Minnesota. As of April 4, 2005, Lloyd's Barbeque Company is a subsidiary of Hormel Foods Corp. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 3.2B USD |
| Size | Large |
| Type | Sector Focused |
Arbor Investments is a private equity group focused on acquiring profitable, middle-market companies in the food and beverage sector. Arbor considers all areas surrounding the food/beverage and related industries. Specific areas of interest include regional niche branded food products; vegetable, fruit, meat and dairy processors; ethnic food manufacturers and marketers; flavors and ingredients; baked goods; restaurant chains; co-packers for major retailers, foodservice companies; food packaging; grocery and specialty food retailers; and logistics providers to the food and beverage industries. Prospective companies generally lead their markets and are 'low-cost operators' with predictable cash-flows. Arbor Investments was formed in 1999 and has offices in Chicago, New York, and Atlanta.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 32 |
| Sector (Food) | 2 of 17 |
| Type (Add-on Acquisition) | 2 of 18 |
| State (Wisconsin) | 1 of 2 |
| Country (United States) | 4 of 31 |
| Year (2005) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-12-17 |
Truco Enterprises
Dallas, Texas, United States Truco Enterprises LP is a developer and marketer of tortilla chips, salsa, and queso under the On The Border brand. The company’s products are sold nationally through grocery retailers, club stores, and mass merchandisers. Truco Enterprises is based in Dallas, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-07-01 |
Allied Specialty Foods
Vineland, New Jersey, United States Allied Specialty Foods, Inc. is a manufacturer of specialty raw and fully-cooked beef and poultry items. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1974 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Bradford Equities Management (BEM) is a private equity firm that acquires mid-sized, US based companies in partnership with management. BEM generally seeks companies with $15 to $75 million in annual revenues for platform acquisitions and a minimum of $5 million in revenues for add-on acquisitions. BEM invests across a broad range of industries and favors low-technology manufacturing businesses as well as specialty distribution companies. Prospective acquisition candidates may include privately-held corporations and divisions or subsidiaries of larger corporations. Bradford Equities Management was formed in 1974 and is based in White Plains, New York.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 12 |
| Sector (Food) | 1 of 2 |
| Type (Add-on Acquisition) | 1 of 2 |
| State (Wisconsin) | 1 of 2 |
| Country (United States) | 4 of 12 |
| Year (2005) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-01-02 |
PPG
Glen Mills, Pennsylvania, United States PPG designs, manufactures, markets, and distributes high-quality plumbing products. PPG’s portfolio includes products from two proprietary brands – Wolverine Brass, and Speakman – as well as third-party products across all of the leading brands. PPG was founded in 2003 and is based in Glen Mills, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-08-12 |
Electron Beam
Kankakee, Illinois, United States Electron Beam is a manufacturer of composite and coaxial cable and conduit systems sold to the welding industry. Electron Beam was founded in 1962 and is based in Kankakee, Illinois. |
Buy | - |
