M&A Deal Summary

Game on Foods Acquires Big League Foods

On December 28, 2020, Game on Foods acquired food company Big League Foods from Verus Foods

Acquisition Highlights
  • This is Game on Foods’ 1st transaction in the Food sector.
  • This is Game on Foods’ 1st transaction in the United States.
  • This is Game on Foods’ 1st transaction in Maryland.

M&A Deal Summary
Date 2020-12-28
Target Big League Foods
Sector Food
Buyer(s) Game on Foods
Sellers(s) Verus Foods
Deal Type Divestiture

Target

Big League Foods

Gaithersburg, Maryland, United States
Big League Foods, Inc. sells MLB-branded frozen dessert products and confections. The confections product line will include gummi and chocolate candies. Products will feature the “home team” packaging to match the fan base in each region. More than 2,500 retail locations, including large national and regional retailers, have agreed to stock these MLB-branded products in freezer cases.

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Buyer(S) 1

Buyer

Game on Foods

Richmond, Virginia, United States
Category Company
DESCRIPTION

DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1

Seller(S) 1

SELLER

Verus Foods

Gaithersburg, Maryland, United States
Category Company
Sector Food
DESCRIPTION

Verus Foods, Inc. is an international supplier of consumer food products, is focused on international consumer packaged goods, foodstuff distribution, and wholesale trade. The Company’s fine food products are sourced and exported internationally.

DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-03 ZC Top Apparel Manufacturing

Zamboanga City, Philippines

ZC Top Apparel Manufacturing, Inc. is a Philippines-based maker of reusable N95 fabric masks and biohazard suits. ZC Top Apparel Manufacturing, Inc. is the biggest apparel manufacturer in the region. ZC Top Apparel is equipped with modern industrial machinery to manufacture clothing.

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