M&A Deal Summary

Border Foods Acquires Joy Canning

On August 1, 1998, Border Foods acquired food company Joy Canning

Acquisition Highlights
  • This is Border Foods’ 1st transaction in the Food sector.
  • This is Border Foods’ 1st transaction in the United States.
  • This is Border Foods’ 1st transaction in New Mexico.

M&A Deal Summary
Date 1998-08-01
Target Joy Canning
Sector Food
Buyer(s) Border Foods
Deal Type Add-on Acquisition

Target

Joy Canning

Las Cruces, New Mexico, United States
Joy Canning, which allowed further penetration in the foodservice market and increase d production capacity.

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Buyer(S) 1

Buyer

Border Foods

Mount Prospect, Illinois, United States
Category Company
Founded 1972
Sector Food
DESCRIPTION

Border Foods, Inc. is a provider of ingredients and packaged food products to the Mexican food industry.

DEAL STATS #
Overall 1 of 2
Sector (Food) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (New Mexico) 1 of 1
Country (United States) 1 of 1
Year (1998) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-02-01 El Molino Foods

Calgary, Alberta, Canada

El Molino, a division of the Milnot Company production Mexican salsas, dips, and dry seasoning for the private label and co-pack branded end markets.

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