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  6. Giraffe Foods Acquires Lounsbury Foods

M&A Deal Summary

Giraffe Foods Acquires Lounsbury Foods

On July 20, 2020, Giraffe Foods acquired food company Lounsbury Foods

Acquisition Highlights
  • This is Giraffe Foods’ 1st transaction in the Food sector.
  • This is Giraffe Foods’ 1st transaction in Canada.
  • This is Giraffe Foods’ 1st transaction in Ontario.

M&A Deal Summary
Date 2020-07-20
Target Lounsbury Foods
Sector Food
Buyer(s) Giraffe Foods
Deal Type Add-on Acquisition

Target

Lounsbury Foods

Toronto, Ontario, Canada
Lounsbury Foods Ltd. is a manufacturer of horseradish and seafood cocktail sauce products. Lounsbury Foods was founded in 1962 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Giraffe Foods

Mississauga, Ontario, Canada
Category Company
Founded 1997
Sector Food
DESCRIPTION

Giraffe Foods is a producer of customized sauces, dips, dressings, syrups and beverage concentrates for B2B customers, in the home meal replacement, food service and retail markets. Giraffe Foods was founded in 1997 and is based in Mississauga, Ontario.

DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2020 M&A 1 of 1
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