M&A Deal Summary |
|
|---|---|
| Date | 2014-01-31 |
| Target | Candle-lite |
| Sector | Manufacturing |
| Buyer(s) | Centre Lane Partners |
| Sellers(s) | Lancaster Colony |
| Deal Type | Divestiture |
| Deal Value | 28M USD |
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Centre Lane Partners is a private investment firm focused on making credit and equity, control and non-control, investments in North American middle-market companies. Centre Lane targets companies with revenues between $20 and $500 million that have leading market positions and sustainable competitive advantages in their respective niches. The Firm does not have any sector preferences and seeks to invest $5 to $250 million per transaction. Centre Lane Partners was formed in 2007 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 17 |
| Sector (Manufacturing) | 1 of 1 |
| Type (Divestiture) | 2 of 3 |
| State (Ohio) | 2 of 3 |
| Country (United States) | 5 of 16 |
| Year (2014) | 2 of 3 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-31 |
Lancaster Colony
Westerville, Ohio, United States Lancaster Colony is a mid-cap manufacturer and marketer of specialty food products for the retail and foodservice markets. As the parent of T. Marzetti Company, Lancaster Colony is known for its branded and private-label retail and foodservice products. Top brands include Marzetti, New York Brand, and Sister Schubert’s. Lancaster Colony was founded in 1961 and is based in Westerville, Ohio. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-05-30 |
Staci
Saint-Ouen-l'Aumône, France Staci is a third-party logistics provider with a focus on complex retail logistics. Staci offers innovative B2B and B2C logistics solutions for companies wishing to outsource all or part of their logistics and distribution. Staci was founded in 1989 and is based in Saint-Ouen-l'Aumône, France. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1961 |
| Sector | Food |
| Employees | 3,400 |
| Revenue | 1.8B USD (2023) |
Lancaster Colony is a mid-cap manufacturer and marketer of specialty food products for the retail and foodservice markets. As the parent of T. Marzetti Company, Lancaster Colony is known for its branded and private-label retail and foodservice products. Top brands include Marzetti, New York Brand, and Sister Schubert’s. Lancaster Colony was founded in 1961 and is based in Westerville, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector (Manufacturing) | 1 of 1 |
| Type (Divestiture) | 2 of 3 |
| State (Ohio) | 2 of 2 |
| Country (United States) | 2 of 3 |
| Year (2014) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-06-04 |
Marshall Biscuit
Saraland, Alabama, United States Marshall Biscuit Co., Inc. is a producer and marketer of frozen rolls and biscuits. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-03-13 |
Flatout
Saline, Michigan, United States Flatout, Inc. produces and sells flatbread and other related products to retail groceries, mass market and club stores, and other markets. The company sells its products under the Flatout name, which enjoys brand recognition among weight-conscious and health-minded consumers. Its products, which come in a variety of regular and light flavors, provide a healthy alternative to traditional breads and are applicable to a variety of culinary uses. |
Buy | $92M |
