M&A Deal Summary |
|
---|---|
Date | 2016-11-21 |
Target | Clougherty Packing |
Sector | Packaging |
Buyer(s) | Smithfield Foods |
Sellers(s) | Hormel Foods |
Deal Type | Divestiture |
Deal Value | 145M USD |
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Category | Company |
---|---|
Founded | 1961 |
Sector | Food |
Employees | 47,900 |
Smithfield Foods, Inc., brings good food to families and friends around the world in a responsible manner. Smithfield produce many popular products like hams, bacon and sausage.
DEAL STATS | # |
---|---|
Overall | 27 of 29 |
Sector (Packaging) | 1 of 1 |
Type (Divestiture) | 7 of 7 |
State (California) | 1 of 1 |
Country (United States) | 18 of 19 |
Year (2016) | 1 of 1 |
Size (of disclosed) | 5 of 8 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2015-06-03 |
Campofrio Food Group SA
Madrid, Spain Campofrio Food Group SA is one of the largest companies in the processed meats sector, company are in many ways, the industry standard because of in-depth knowledge of customers and consumers which allows to generate growth opportunities in all markets, and to deliver goal: to become one of the leading European food companies. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-08-14 |
Kansas City Sausage Company
Kansas, Missouri, United States Kansas City Sausage Company LLC is a pre-rigor sausage producer and processor for restaurants and distributors. Kansas City Sausage Company LLC was founded in 2008 and is based in Kansas, Missouri. |
Buy | - |
Category | Company |
---|---|
Founded | 1891 |
Sector | Food |
Employees | 20,000 |
Revenue | 12.1B USD (2023) |
Hormel Foods is a multinational manufacturer and marketer of consumer-branded food and meat products. Hormel Foods was formed in 1891 and is based in Austin, Minnesota.
DEAL STATS | # |
---|---|
Overall | 3 of 4 |
Sector (Packaging) | 2 of 2 |
Type (Divestiture) | 3 of 4 |
State (California) | 1 of 2 |
Country (United States) | 3 of 4 |
Year (2016) | 2 of 2 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-05-18 |
Justin’s
Boulder, Colorado, United States Justin’s LLC is a producer of naturally delicious, high-quality nut butters, nut butter snacks and organic peanut butter cups that deliver great taste, unique texture and convenient nutrition. |
Buy | $286M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-08-17 |
Fontanini
Burlingame, California, United States Fontanini is a manufacturer of Italian meats and sausages as well as a variety of other premium meat products, including pizza toppings and meatballs. Fontanini was established in 1960 and is based in Burlingame, California. |
Buy | $425M |