M&A Deal Summary

Kettle Cuisine Acquires NORPAC Foods - Soup Business

On September 24, 2018, Kettle Cuisine acquired food company NORPAC Foods - Soup Business from NORPAC Foods

Acquisition Highlights
  • This is Kettle Cuisine’s 3rd transaction in the Food sector.
  • This is Kettle Cuisine’s 3rd transaction in the United States.
  • This is Kettle Cuisine’s 1st transaction in Oregon.

M&A Deal Summary

Date 2018-09-24
Target NORPAC Foods - Soup Business
Sector Food
Buyer(s) Kettle Cuisine
Sellers(s) NORPAC Foods
Deal Type Divestiture

Target

NORPAC Foods - Soup Business

Salem, Oregon, United States
NORPAC Foods, Inc. - Soup Business is a manufacturer of all natural soups.

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Buyer(S) 1

Buyer

Kettle Cuisine

Chelsea, Massachusetts, United States

Category Company
Founded 1986
Sector Food
DESCRIPTION

Kettle Cuisine is an independent, artisan soup maker providing uncompromised soup with a commitment to impeccable ingredients, careful preparation and traditional cooking techniques. The company offers a selection of over 50 varieties of soups, chilis and chowders, and services over 5,000 restaurants, cafes, delicatessens and supermarkets in the United States. Kettle Cuisine was founded in 1986 and is based in Chelsea, Massachusetts.


DEAL STATS #
Overall 3 of 4
Sector (Food) 3 of 4
Type (Divestiture) 1 of 2
State (Oregon) 1 of 2
Country (United States) 3 of 4
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-20 Bonewerks Culinarte

Green Bay, Wisconsin, United States

Culinarte Marketing Group LLC is a provider of quality chef-inspired sauce products for center-of-the-plate entrées, including ranges of premium glace and demi-glace, as well as fully prepared, oven-seared sous vide entrées. Culinarte Marketing Group LLC was founded in 1998 and is based in Green Bay, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-08 Harry s Fresh Foods

Portland, Oregon, United States

Harry's Fresh Foods is a provider of consumers and foodservice partners with a range of fresh and prepared foods, including soups, chilis, stews, side dishes, entrées, sauces, gravies, and desserts.

Buy -

Seller(S) 1

SELLER

NORPAC Foods

Salem, Oregon, United States

Category Company
Founded 1924
Sector Food
DESCRIPTION

NORPAC Foods, Inc. is a farmer-owned cooperative focused on processing frozen vegetables and fruit. NORPAC Foods, Inc. was founded in 1924 and is based in Salem, Oregon.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1