M&A Deal Summary

Joy Cone Acquires BoDeans Baking Group

On September 30, 2016, Joy Cone acquired food company BoDeans Baking Group

Acquisition Highlights
  • This is Joy Cone’s 1st transaction in the Food sector.
  • This is Joy Cone’s 1st transaction in the United States.
  • This is Joy Cone’s 1st transaction in Iowa.

M&A Deal Summary

Date 2016-09-30
Target BoDeans Baking Group
Sector Food
Buyer(s) Joy Cone
Deal Type Add-on Acquisition

Target

BoDeans Baking Group

LeMars, Iowa, United States
BoDeans Baking Group is a provider of novelty ice cream cone and wafer. BoDeans Baking Group was established in 2000 and is headquartered in LeMars, Iowa.

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Buyer(S) 1

Buyer

Joy Cone

Hermitage, Pennsylvania, United States

Category Company
Founded 1918
Sector Food
DESCRIPTION

Joy Cone Co. is a manufacturer of ice cream cones for the retail and food service markets. Offering cake cones, sugar cones, waffle cones and bowls, the cones are sold to both grocery stores and food service chains and distributors throughout the United States and Canada.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Iowa) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1