Merger • Food

Daniele Acquires Creminelli Fine Meats

On January 7, 2020, Daniele acquired food company Creminelli Fine Meats

Acquisition Context

This is Daniele’s 1st transaction in the Food sector.
This is Daniele’s 1st transaction in the United States.
This is Daniele’s 1st transaction in Utah.

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M&A Deal Summary
Date	January 7, 2020
Target	Creminelli Fine Meats
Sector	Food
Buyer(s)	Daniele
Deal Type	Merger
Advisor(s)	BofA Securities (Financial)

Target Company

Creminelli Fine Meats

Salt Lake City, Utah, United States

Creminelli Fine Meats is a provider of premium protein snacks, including artisan deli meats and cheeses, deli trays and salami minis. Creminelli offers exceptional quality and ethically sourced, clean-label inputs, making it the protein snacking brand of choice for Millennials. Creminelli Fine Meats was founded in 2007 and is based in Salt Lake City, Utah.

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Buyer Overview 1

Buyer

Daniele

Pascoag, Rhode Island, United States

Category	Company
Founded	1945
Sector	Food
Employees	600

DESCRIPTION

Daniele produces specialty Italian charcuterie and deli meats, including prosciutto, salame, and snack packs. The company sells to hundreds of club, mass, and grocery customers under the Daniele and Del Duca brands and offers private label products for retailers. Daniele was founded in 1945 and based in Mapleville, Rhode Island.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Food	1 of 1
Type: Merger	1 of 1
State: Utah	1 of 1
Country: United States	1 of 1
Year: 2020	1 of 1

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