M&A Deal Summary

Diamond Pet Foods Acquires The J. M. Smucker - Private Label Dry Pet Food Business

On December 1, 2021, Diamond Pet Foods acquired consumer products company The J. M. Smucker - Private Label Dry Pet Food Business from J. M. Smucker for 33M USD

Acquisition Highlights
  • This is Diamond Pet Foods’ 1st transaction in the Consumer Products sector.
  • This is Diamond Pet Foods’ largest (disclosed) transaction.
  • This is Diamond Pet Foods’ 1st transaction in the United States.
  • This is Diamond Pet Foods’ 1st transaction in Ohio.

M&A Deal Summary
Date 2021-12-01
Target The J. M. Smucker - Private Label Dry Pet Food Business
Sector Consumer Products
Buyer(s) Diamond Pet Foods
Sellers(s) J. M. Smucker
Deal Type Divestiture
Deal Value 33M USD

Target

The J. M. Smucker - Private Label Dry Pet Food Business

Orrville, Ohio, United States
Private Label Dry Pet Food Business is a producer of high-quality dry & wet pet food, biscuits, and snacks. The transaction includes its manufacturing facility in Frontenac, Kansas.

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Buyer(S) 1

Buyer

Diamond Pet Foods

Meta, Missouri, United States
Category Company
Founded 1970
Sector Consumer Products
DESCRIPTION

Diamond Pet Foods is a family-owned company that offers foods to serve pets. That’s why every formula is made in the USA with quality ingredients from trusted local and global sources. Diamond Pet Foods was founded in 1970 and is based in Meta, Missouri.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

J. M. Smucker

Orrville, Ohio, United States
Category Company
Founded 1897
Sector Food
Employees7,300
Revenue 8.5B USD (2023)
DESCRIPTION

J. M. Smucker is a marketer and manufacturer of fruit spreads, retail packaged coffee, peanut butter, shortening and oils, ice cream toppings, sweetened condensed milk, and natural foods products. J. M. Smucker was founded in 1897 and is based in Orrville, Ohio.

DEAL STATS #
Overall 5 of 8
Sector (Consumer Products) 1 of 1
Type (Divestiture) 5 of 8
State (Ohio) 3 of 4
Country (United States) 5 of 8
Year (2021) 1 of 2
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-04 Natural Balance

San Diego, California, United States

Natural Balance is a premium pet food brand specializing in high-quality dog and cat food products sold exclusively through the pet specialty and eCommerce channels. Natural Balance has a 30+ year history in premium formulations and was a pioneer of limited ingredient diets. Natural Balance was founded in 1989 and is based in San Diego, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-15 J.M. Smucker - Natural Beverage and Grains Businesses

Orrville, Ohio, United States

J.M. Smucker's Natural Beverage and Grains Businesses includes R.W. Knudsen and TruRoots assets and trademarks, and a licensing agreement for Santa Cruz Organic beverages. It also includes the Company's manufacturing and distribution facilities in Chico, California, and Havre de Grace, Maryland.

Sell $110M
Mergr

Product

Company

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