M&A Deal Summary

McCall Farms Acquires Sager Creek Vegetable

On September 20, 2017, McCall Farms acquired food company Sager Creek Vegetable from Del Monte Foods

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

M&A Deal Summary

Date 2017-09-20
Target Sager Creek Vegetable
Sector Food
Buyer(s) McCall Farms
Sellers(s) Del Monte Foods
Deal Type Divestiture

Target

Sager Creek Vegetable

Siloam Springs, Arizona, United States
Sager Creek Vegetable Co., Inc. is a producer of specialty vegetables for the Foodservice and Retail markets. The company manufactures well-known brands including Veg-all®, Freshlike®, Popeye®, Princella® Trappey's® and Allens®, among others.

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Buyer(S) 1

Buyer

McCall Farms

Effingham, South Carolina, United States

Category Company
Founded 1838
Sector Food
DESCRIPTION

McCall Farms, Inc. is a producer of farm-fresh canned vegetables and fruits. The family-owned and operated company produces a wide variety of high-quality, Southern-style products under four nationally distributed brands in retail and foodservice: Glory Foods ®, Margaret Holmes®, Peanut Patch® and Bruce's Yams®. Their new Glory Farms® brand, in an innovative, industry-first "See-thru" can, was introduced in early 2017 and is continuing to expand its retail distribution. McCall Farms was founded in 1838 and is based in Effingham, South Carolina.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1

Seller(S) 1

SELLER

Del Monte Foods

San Francisco, California, United States

Category Company
Sector Food
DESCRIPTION

Del Monte Foods, Inc. provides food products in US.


DEAL STATS #
Overall 3 of 3
Sector (Food) 3 of 3
Type (Divestiture) 3 of 3
State (Arizona) 1 of 1
Country (United States) 3 of 3
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-11 Sager Creek Vegetable

Siloam Springs, Arizona, United States

Sager Creek Vegetable Co., Inc. is a producer of specialty vegetables for the Foodservice and Retail markets. The company manufactures well-known brands including Veg-all®, Freshlike®, Popeye®, Princella® Trappey's® and Allens®, among others.

Buy $75M