M&A Deal Summary |
|
|---|---|
| Date | 2021-11-24 |
| Target | General Mills - European Dough Businesses |
| Sector | Food |
| Buyer(s) | Cerelia |
| Sellers(s) | General Mills |
| Deal Type | Divestiture |
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Cerelia is a provider of innovative bakery solutions with a product portfolio including ready-to-bake pie and pizza dough, pancakes, crepes, and cookies. Cerelia was founded in 1999 and is based in Paris, France.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Food M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Germany M&A | 1 of 1 |
| Year: 2021 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-30 |
US Waffle
Liberty, South Carolina, United States US Waffle is a breakfast category private label food manufacturer for frozen waffles, pancakes, french toast, and breakfast sandwiches. US Waffle was founded in 2013 and is based in Liberty, South Carolina. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1866 |
| Sector | Food |
| Employees | 34,000 |
| Revenue | 19.9B USD (2024) |
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 | 9 of 12 |
| Sector: Food M&A | 7 of 10 |
| Type: Divestiture M&A Deals | 8 of 11 |
| Country: Germany M&A | 1 of 1 |
| Year: 2021 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-14 |
Tyson Foods’ Pet Treats Business
Springdale, Arkansas, United States Tyson Foods’ Pet Treats Business is a provider of natural pet treats including the NUDGES, TRUE CHEWS, and TOP CHEWS brands, as well as a production facility in Independence, Iowa. |
Buy | $1.2B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-11 |
TNT Crust
St. Charles, Missouri, United States TNT Crust manufactures and distributes partially baked self‐rising, flatbread, and other pizza crusts for the foodservice and retail channels. The Company offers products to a diverse customer base of blue-chip restaurants, pizza manufacturers, and food service distributors. TNT Crust was formed in 1981 and is based in Green Bay, Wisconsin. |
Buy | - |
