M&A Deal Summary |
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Date | 2018-11-15 |
Target | Schwan s Company |
Sector | Food |
Buyer(s) | CJ Cheiljedang |
Deal Type | Add-on Acquisition |
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Category | Company |
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Founded | 1953 |
Sector | Food |
Revenue | 29.02T KRW (2023) |
CJ Cheiljedang engages in food and food ingredient, bioengineering, and feed and livestock businesses in South Korea and internationally. CJ Cheiljedang aims to globalize the taste of Korea through creating balanced taste between Korean cuisine and local preferences and share healthy and convenient lifestyle. CJ Cheiljedang manufactures and sells sugar, flour, and pre-mix products, and oil and fat products under the Haechandle, Dasida, and Petitzel brand names. CJ Cheiljedang was incorporated in 1953 and is headquarters in Seoul, South Korea.
DEAL STATS | # |
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Overall | 1 of 1 |
Sector (Food) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 1 |
State (Minnesota) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2018) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
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2019-05-23 |
CJ Foods America
La Palma, California, United States CJ Foods America is the U.S. food operations manufacturer and distributor of Asian food products with a focus on Korean food. Through brands, Bibigo and Annie Chun's, CJ Foods are able to offer an extensive range of packaged food products, including dumplings, noodles, and sauces. Backed by a global company with over 60 years of experience in the food industry, CJ Foods’ mission is to drive awareness of Asian food, especially Korean food, and provide only the best quality products to U.S. households across the nation. |
Sell | - |