M&A Deal Summary

Lancaster Colony Acquires Marshall Biscuit Co.

On June 4, 2007, Lancaster Colony acquired food company Marshall Biscuit Co.

Acquisition Highlights
  • This is Lancaster Colony’s 1st transaction in the Food sector.
  • This is Lancaster Colony’s 1st transaction in the United States.
  • This is Lancaster Colony’s 1st transaction in Alabama.

M&A Deal Summary

Date 2007-06-04
Target Marshall Biscuit Co.
Sector Food
Buyer(s) Lancaster Colony
Deal Type Add-on Acquisition

Target

Marshall Biscuit Co.

Saraland, Alabama, United States
Marshall Biscuit Co., Inc. is a producer and marketer of frozen rolls and biscuits.

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Buyer(S) 1

Buyer

Lancaster Colony

Westerville, Ohio, United States

Category Company
Founded 1961
Sector Food
Employees3,400
Revenue 1.9B USD (2024)
DESCRIPTION

Lancaster Colony is a mid-cap manufacturer and marketer of specialty food products for the retail and foodservice markets. Lancaster Colony was founded in 1961 and is based in Westerville, Ohio.


DEAL STATS #
Overall 1 of 5
Sector: Food M&A 1 of 5
Type: Add-on Acquisition M&A Deals 1 of 4
State: Alabama M&A 1 of 1
Country: United States M&A 1 of 5
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-26 Lancaster Colony - Automotive Accessory Business

Wapakoneta, Ohio, United States

Lancaster Colony - Automotive Accessory Business engages in the manufacturing of automotive products. Products manufactured at this location include pickup truck bed mats as well as truck and trailer splashguards.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-31 Candle-lite

Cincinnati, Ohio, United States

Candle-lite is in the decorative candle manufacturing industry with over 170 years of continuous candle making. Candle-lite was founded in 1840 and is based in Cincinnati, Ohio.

Sell $28M