M&A Deal Summary

Groeb Farms Acquires Miller s American Honey

On April 1, 2010, Groeb Farms acquired food company Miller s American Honey from Horizon Partners

Acquisition Highlights
  • This is Groeb Farms’ 1st transaction in the Food sector.
  • This is Groeb Farms’ 1st transaction in the United States.
  • This is Groeb Farms’ 1st transaction in California.

M&A Deal Summary

Date 2010-04-01
Target Miller s American Honey
Sector Food
Buyer(s) Groeb Farms
Sellers(s) Horizon Partners
Deal Type Add-on Acquisition
Advisor(s) Madison Street Capital
Houlihan Capital (Financial)

Target

Miller s American Honey

Colton, California, United States
Miller's American Honey, Inc. produces honey. It offers honey treats and flavors, agave syrups Honey Processer.Miller's American Honey, Inc is an Add-on-acquisition company of Groeb Farms, Inc.

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Buyer(S) 1

Buyer

Groeb Farms

Onsted, Michigan, United States

Category Company
Sector Food
DESCRIPTION

Groeb Farms, Inc. is a domestic processor and packager of honey for the industrial food ingredient and foodservice markets. Groeb Farms is based in Onsted, Michigan.


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

Seller(S) 1

SELLER

Horizon Partners

Milwaukee, Wisconsin, United States

Investor Investor


Category Family Office
Founded 1990
Size Small
Type Sector Agnostic
DESCRIPTION

Horizon Partners, Ltd. is a private investment holding company which acquires and builds private companies. Horizon looks to invest in medium-sized businesses valued from $3 to $50 million with sales of $10 to $100 million. Sectors of interest include food, specialty chemicals, packaging, general industrial, printing, consumer products, business and financial services, electronics, and plastics. Horizon Partners has offices in Naples, Florida and Milwaukee, Wisconsin.


DEAL STATS #
Overall 13 of 18
Sector (Food) 5 of 6
Type (Add-on Acquisition) 5 of 7
State (California) 2 of 2
Country (United States) 13 of 17
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-21 Karl s Event Rental

Oak Creek, Wisconsin, United States

Karl's Event Rental, Inc. provides rental services for corporate, gala, industrial, festival, hospitality, disaster relief, private, trade shows, sporting, and exposition events in the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-01 Origen Medical Technologies

Shanghai, China

Non-Woven Wound Dressing, Origen Medical Technologies is an Add-on-acquisition company of Lantor UK Ltd.

Buy -