M&A Deal Summary

Bonduelle Acquires Seneca Foods - frozen plant

On January 22, 2019, Bonduelle acquired packaging company Seneca Foods - frozen plant from Seneca Foods

Acquisition Highlights
  • This is Bonduelle’s 1st transaction in the Packaging sector.
  • This is Bonduelle’s 2nd transaction in the United States.
  • This is Bonduelle’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2019-01-22
Target Seneca Foods - frozen plant
Sector Packaging
Buyer(s) Bonduelle
Sellers(s) Seneca Foods
Deal Type Divestiture

Target

Seneca Foods - frozen plant

Lebanon, Pennsylvania, United States
Seneca Foods Corp. - frozen plant provides packaging services for frozen products. It has a capacity of 45,000 tons on 7 packaging lines in perfect working order, with large storage capacity, and has 140 permanent collaborators.

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Buyer(S) 1

Buyer

Bonduelle

Renescure, France
Category Company
Founded 1853
Sector Agriculture
Employees8,363
Revenue 2.4B EUR (2023)
DESCRIPTION

Bonduelle is a provider in the production and marketing of processed vegetables for distribution to the general public, restaurants and industry. Bonduelle was founded in 1853 and is based in Renescure, France.

DEAL STATS #
Overall 3 of 3
Sector (Packaging) 1 of 1
Type (Divestiture) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 2 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-23 Ready Pac Foods

Irwindale, California, United States

Ready Pac Foods, Inc. is a producer and marketer of high-quality fresh foods, including cut, washed, packaged and ready-to-eat produce. With facilities around the country.

Buy -

Seller(S) 1

SELLER

Seneca Foods

Fairport, New York, United States
Category Company
Founded 1949
Sector Food
Employees3,200
Revenue 1.5B USD (2024)
DESCRIPTION

Seneca Foods is a provider of packaged fruits and vegetables. Seneca Foods was founded in 1949 and is based in Fairport, New York.

DEAL STATS #
Overall 1 of 1
Sector (Packaging) 1 of 1
Type (Divestiture) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-03 Truitt Bros.

Salem, Oregon, United States

Truitt Bros. is a food processor that provides shelf stable products for a wide variety of establishments, from restaurants and businesses to health care and retailers. Truitt Bros., Inc. was established in 1971 and is headquartered in Salem, Oregon.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-16 Paradise - Fruit Business

Plant City, Florida, United States

Paradise, Inc. - Fruit Business engages in the production, manufacture, sale, and distribution of glacé fruit product.

Buy -
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