M&A Deal Summary

Seneca Foods Acquires Truitt Bros.

On April 3, 2017, Seneca Foods acquired food company Truitt Bros.

Acquisition Highlights
  • This is Seneca Foods’ 3rd transaction in the Food sector.
  • This is Seneca Foods’ 6th transaction in the United States.
  • This is Seneca Foods’ 2nd transaction in Oregon.

M&A Deal Summary
Date 2017-04-03
Target Truitt Bros.
Sector Food
Buyer(s) Seneca Foods
Deal Type Add-on Acquisition

Target

Truitt Bros.

Salem, Oregon, United States
Truitt Bros. is a food processor that provides shelf stable products for a wide variety of establishments, from restaurants and businesses to health care and retailers. Truitt Bros., Inc. was established in 1971 and is headquartered in Salem, Oregon.

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Buyer(S) 1

Buyer

Seneca Foods

Fairport, New York, United States
Category Company
Founded 1949
Sector Food
Employees3,200
Revenue 1.5B USD (2024)
DESCRIPTION

Seneca Foods is a provider of packaged fruits and vegetables. Seneca Foods was founded in 1949 and is based in Fairport, New York.

DEAL STATS #
Overall 6 of 7
Sector (Food) 3 of 4
Type (Add-on Acquisition) 5 of 5
State (Oregon) 2 of 2
Country (United States) 6 of 7
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-02 Gray

Portland, Oregon, United States

Gray & Co., Inc. is a provider of maraschino cherries and glace or candied fruit products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-22 Seneca Foods - frozen plant

Lebanon, Pennsylvania, United States

Seneca Foods Corp. - frozen plant provides packaging services for frozen products. It has a capacity of 45,000 tons on 7 packaging lines in perfect working order, with large storage capacity, and has 140 permanent collaborators.

Sell -
Mergr

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