Add-on Acquisition • Food

Shearer’s Foods Acquires Snack Alliance

On March 31, 2010, Shearer’s Foods acquired food company Snack Alliance

Acquisition Context
  • This is Shearer’s Foods’ 1st transaction in the Food sector.
  • This is Shearer’s Foods’ 1st transaction in the United States.
  • This is Shearer’s Foods’ 1st transaction in Oregon.

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M&A Deal Summary

Date March 31, 2010
Target Snack Alliance
Sector Food
Buyer(s) Shearer’s Foods
Deal Type Add-on Acquisition
Advisor(s) Lincoln International (Financial)

Target Company

Snack Alliance

Hermiston, Oregon, United States
Snack Alliance, Inc. provides contract manufacturing services for various private label snack foods to food service distributors.
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Buyer Overview 1

Buyer

Shearer’s Foods

Massillon, Ohio, United States

Category Company
Founded 1974
Sector Food
DESCRIPTION

Shearer's Foods is a producer of high-quality seasoned snack foods and related products. Shearer's produces kettle chips. Shearer's Foods was formed in 1974 and is based in Massillon, Ohio.


Deal Context for Buyer #
Overall 1 of 3
Sector: Food 1 of 2
Type: Add-on Acquisition 1 of 1
State: Oregon 1 of 1
Country: United States 1 of 3
Year: 2010 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-17 Medallion Foods

Tacoma, Washington, United States

Medallion Foods, Inc. is focused on making the finest dry pasta products possible. Medallion was drawn to the west by some of the best durum semolina in the world, milled from the hard amber durum wheat grown in North America.

Buy $34M