1. Home >
  2. SunOpta Acquires Kettle Valley Dried Fruit

M&A Deal Summary

SunOpta Acquires Kettle Valley Dried Fruit

On May 8, 2003, SunOpta acquired food company Kettle Valley Dried Fruit

Acquisition Highlights
  • This is SunOpta’s 1st transaction in the Food sector.
  • This is SunOpta’s 4th transaction in Canada.
  • This is SunOpta’s 2nd transaction in British Columbia.

M&A Deal Summary
Date 2003-05-08
Target Kettle Valley Dried Fruit
Sector Food
Buyer(s) SunOpta
Deal Type Add-on Acquisition

Target

Kettle Valley Dried Fruit

Summerland, British Columbia, Canada
Kettle Valley currently operates two production facilities in Summerland, British Columbia, the heart of the B.C. apple growing district. These plants produce natural and organic fruit bars and fruit leathers with an apple base and market these products under the Kettle Valley Real Fruit Snack and Frunola brands. In addition, Kettle Valley produces a number of private label products for customers in the U.S., Canada and the U.K. The company's products are sold through agents and distributors to the health food stores and mass market retailers, as well as to various school districts who are leading the trend in improving the dietary content of student lunches.

Search 205,036 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

Eden Prairie, Minnesota, United States
Category Company
Founded 1973
Sector Food
Employees1,248
Revenue 724M USD (2024)
DESCRIPTION

SunOpta is the 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 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 Eden Prairie, Minnesota.

DEAL STATS #
Overall 5 of 35
Sector (Food) 1 of 19
Type (Add-on Acquisition) 5 of 31
State (British Columbia) 2 of 3
Country (Canada) 4 of 14
Year (2003) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-12-12 Simply Organic

Toronto, Ontario, Canada

Simply Organic Ltd. is a distributor of organic and natural food products to superstores and natural food retail outlets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-10-07 Pro Organics

Burnaby, British Columbia, Canada

Pro Organics is a distributor of certified organic fresh foods in Canada with distribution facilities located in Vancouver, Toronto and Montreal. Pro Organics supplies the most complete range of certified organic produce as well as extensive offerings in organic bulk foods and dairy. The company enjoys a number of exclusive sourcing arrangements.

Buy -
Mergr

Product

Company

Legal