M&A Deal Summary |
|
|---|---|
| Date | 2015-09-03 |
| Target | General Mills - Green Giant and Le Sueur Brands |
| Sector | Food |
| Buyer(s) | B&G Foods |
| Sellers(s) | General Mills |
| Deal Type | Divestiture |
| Deal Value | 765M 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 founded in 1822 and is based in Parsippany, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 19 |
| Sector (Food) | 11 of 19 |
| Type (Divestiture) | 6 of 10 |
| State (Minnesota) | 1 of 1 |
| Country (United States) | 11 of 19 |
| Year (2015) | 2 of 2 |
| Size (of disclosed) | 1 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-13 |
Spartan Foods of America
Spartanburg, South Carolina, United States Spartan Foods of America is a manufacturer of branded pizza crusts sold primarily through grocery and retail channels. |
Buy | $50M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-09-21 |
ACH Food - Spices & Seasonings Business
United States ACH Food - Spices & Seasonings Business is a supplier of spices and seasonings to retail and food service customers. |
Buy | $365M |
| Category | Company |
|---|---|
| Founded | 1866 |
| Sector | Food |
| Employees | 32,500 |
| Revenue | 20.1B USD (2023) |
General Mills is a multinational manufacturer and marketer of branded consumer foods sold through retail stores. The Company is also a supplier of branded and unbranded food products to the foodservice and commercial baking industries. General Mills' portfolio includes a wide range of well-known brands such as Cheerios, Yoplait, Betty Crocker, Pillsbury, Haagen-Dazs, Annie's Homegrown, and Nature Valley, among others. The company's products encompass various categories, including cereals, yogurt, snack bars, meal kits, ready-to-eat meals, and frozen desserts. General Mills was founded in 1866 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 9 |
| Sector (Food) | 4 of 7 |
| Type (Divestiture) | 5 of 8 |
| State (Minnesota) | 3 of 5 |
| Country (United States) | 6 of 8 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-09-08 |
Annie s
Berkeley, California, United States Annie's, Inc. is a natural and organic food company that offers great-tasting products in large packaged food categories. Annie's products are made without artificial flavors, synthetic colors, and preservatives regularly used in many conventional packaged foods. |
Buy | $820M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-12-23 |
Carolina Administracao e Participacoes Societarias
Ribeirao Claro, Brazil Carolina Administracao e Participacoes Societarias Ltda. is a family-owned brazilian yogurt and dairy products producer. |
Buy | - |
