M&A Deal Summary

Eagle Foods Acquires Popcorn

On August 29, 2017, Eagle Foods acquired food company Popcorn

Acquisition Highlights
  • This is Eagle Foods’ 2nd transaction in the Food sector.
  • This is Eagle Foods’ 2nd transaction in the United States.
  • This is Eagle Foods’ 1st transaction in Indiana.

M&A Deal Summary
Date 2017-08-29
Target Popcorn
Sector Food
Buyer(s) Eagle Foods
Deal Type Add-on Acquisition

Target

Popcorn

Indiana, United States
Popcorn is a provider of food products including classic Kettlecorn and indulgent Black & White Drizzlecorn. Popcorn, Indiana strategically complements Eagle Foods' G.H. Cretors brand and private label popcorn offerings, which include The Mix, a 50/50 caramel and cheese product.

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Buyer(S) 1

Buyer

Eagle Foods

Orrville, Ohio, United States
Category Company
Sector Food
Revenue 200M USD (2015)
DESCRIPTION

Eagle Foods is a domestic manufacturer of canned milk, popcorn and other salty snack products. Eagle operates in two stable and growing categories within canned milk and sweetened condensed milk markets. Additionally, Eagle manufactures ready-to-eat popcorn under the brands G.H. Cretors and Popcorn, Indiana, as well as private label popcorn and other salty snack products for a diverse set of retail customers. Eagle Foods is based in Orrville, Ohio.

DEAL STATS #
Overall 2 of 3
Sector (Food) 2 of 3
Type (Add-on Acquisition) 2 of 2
State (Indiana) 1 of 1
Country (United States) 2 of 3
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-05 Cornfields

Waukegan, Illinois, United States

Cornfields is a family-owned manufacturer of Ready-to-Eat (“RTE”) branded and private label popcorn and other snacks. The Company’s G.H. Cretors brand is a unique-tasting, RTE popcorn brand that was launched in 2009 and accounts for 52% of total Company net sales.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-25 General Mills - Helper and Suddenly Salad Brands

Minneapolis, Minnesota, United States

General Mills' Helper and Suddenly Salad Brands provide meals and salads for clients.

Buy -
Mergr

Product

Company

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