M&A Deal Summary

Sara Lee Acquires Tea Forté

On January 3, 2012, Sara Lee acquired food company Tea Forté

Acquisition Highlights
  • This is Sara Lee’s 4th transaction in the Food sector.
  • This is Sara Lee’s 6th transaction in the United States.
  • This is Sara Lee’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2012-01-03
Target Tea Forté
Sector Food
Buyer(s) Sara Lee
Deal Type Add-on Acquisition

Target

Tea Forté

Concord, Massachusetts, United States
Tea Forté is the luxury tea brand identified around the world as the ultimate tea experience. Known for its ultra premium hand-crafted teas, design-driven accessories, exquisite packaging and opulent approach, Tea Forté re-imagines and re-defines the contemporary tea experience by delivering a delighting and luxuriant encounter. Founded in 2003, by acclaimed American designer Peter Hewitt, the company is present in 35 countries worldwide.

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Buyer(S) 1

Buyer

Sara Lee

Downers Grove, Illinois, United States

Category Company
Founded 1939
Sector Food
DESCRIPTION

Sara Lee Corp. was a consumer goods and food company headquartered in Downers Grove, Illinois. The Company was formed in 1939 and became defunct in 2012 when it split into Hillshire Brands and D.E. Masters Blends.


DEAL STATS #
Overall 7 of 7
Sector: Food M&A 4 of 4
Type: Add-on Acquisition M&A Deals 6 of 6
State: Massachusetts M&A 1 of 1
Country: United States M&A 6 of 6
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-03 The Hillshire Brands Co.

Chicago, Illinois, United States

The Hillshire Brands Company manufactures and markets meat-centric food solutions worldwide. It operates in two segments, Retail and Foodservice/Other.

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