M&A Deal Summary

Specialty Commodities Acquires LATITUDE 1

On December 9, 2013, Specialty Commodities acquired food company LATITUDE 1

Acquisition Highlights
  • This is Specialty Commodities’ 1st transaction in the Food sector.
  • This is Specialty Commodities’ 1st transaction in the United States.
  • This is Specialty Commodities’ 1st transaction in California.

M&A Deal Summary

Date 2013-12-09
Target LATITUDE 1
Sector Food
Buyer(s) Specialty Commodities
Deal Type Add-on Acquisition

Target

LATITUDE 1

Stockton, California, United States
LATITUDE 1 is a Provider of organic tree nut processing services for bakery,energy/food bars, cereals/granola and snack foods.

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Buyer(S) 1

Buyer

Specialty Commodities

Fargo, North Dakota, United States

Category Company
Founded 1987
Sector Food
DESCRIPTION

Specialty Commodities is a supplier and distributor of specialty food ingredients, providing customers with sourcing, logistics, and market intelligence headquartered in Fargo, North Dakota. Products offered include nuts, dehydrated vegetables, oilseeds, edible grains and seeds, dried fruits, and spices.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1