M&A Deal Summary

Foster Dairy Farms Acquires Matterhorn Group

On November 29, 2010, Foster Dairy Farms acquired food company Matterhorn Group

Acquisition Highlights
  • This is Foster Dairy Farms’ 1st transaction in the Food sector.
  • This is Foster Dairy Farms’ 1st transaction in the United States.
  • This is Foster Dairy Farms’ 1st transaction in Nevada.

M&A Deal Summary
Date 2010-11-29
Target Matterhorn Group
Sector Food
Buyer(s) Foster Dairy Farms
Deal Type Add-on Acquisition

Target

Matterhorn Group

Las Vegas, Nevada, United States
Matterhorn Group, Inc. ("MGI") is one of the dominant suppliers of dessert, snack and related ice cream products in the western states. With its three subsidiaries, Deluxe Ice Cream in Salem, OR, Vita-Freeze, Inc. of Sacramento, CA and Matterhorn Ice Cream, Inc. of Caldwell, ID, it has well-established brands with an excellent reputation and strong retail grocery relations.

Search 201,839 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Foster Dairy Farms

Modesto, California, United States
Category Company
Founded 1939
Sector Agriculture
DESCRIPTION

Foster Dairy Farms Inc. produces and markets dairy products in California. It offers fresh milk, juices, ice cream, sour cream, cottage cheese, yogurt, butter, and specialty dry powders and mixes. The company also provides commodities and custom products, including powdered whole milk, non-fat milk, buttermilk, bulk butter and specialties, and bulk cream; and custom formulated butter fat powders for food manufacturers, bakers, and confectioners in North America.

DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1
Mergr

Product

Company

Legal