M&A Deal Summary

Best Brands Acquires Telco Food Products

On December 12, 2006, Best Brands acquired food company Telco Food Products

Acquisition Highlights
  • This is Best Brands’ 1st transaction in the Food sector.
  • This is Best Brands’ 1st transaction in the United States.
  • This is Best Brands’ 1st transaction in California.

M&A Deal Summary

Date 2006-12-12
Target Telco Food Products
Sector Food
Buyer(s) Best Brands
Deal Type Add-on Acquisition
Advisor(s) Cherry Tree & Associates (Financial)

Target

Telco Food Products

Colton, California, United States
Telco manufactures and distributes frozen baked cakes, brownies and muffins to in-store bakeries throughout the U.S.

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Buyer(S) 1

Buyer

Best Brands

Minneapolis, Minnesota, United States

Category Company
Founded 1971
Sector Food
DESCRIPTION

Best Brands Corp. is a provider of quality ingredients and supplies, with a mission to provide the best possible products and services for all segments of the baking industry. Best Brands was founded in 1971 and is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2006 M&A 1 of 1