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  6. Sterno Acquires sevenOKs

M&A Deal Summary

Sterno Acquires sevenOKs

On August 31, 2017, Sterno acquired consumer products company sevenOKs

Acquisition Highlights
  • This is Sterno’s 2nd transaction in the Consumer Products sector.
  • This is Sterno’s 2nd transaction in the United States.
  • This is Sterno’s 1st transaction in Indiana.

M&A Deal Summary
Date 2017-08-31
Target sevenOKs
Sector Consumer Products
Buyer(s) Sterno
Deal Type Add-on Acquisition

Target

sevenOKs

La Porte, Indiana, United States
sevenOKs, Inc. is a manufacturer and distributor of premium insulated hot and cold food carriers and accessories for restaurant delivery, stadium concessions, catering operations and school nutrition programs. sevenOKs, Inc. was established in 2016 and is based in La Porte, Indiana.

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Buyer(S) 1

Buyer

Sterno

Plano, Texas, United States
Category Company
Founded 1997
Sector Consumer Products
Revenue 134M USD (2013)
DESCRIPTION

Sterno manufactures and markets portable food-warming fuels, catering equipment and accessories, as well as home décor lighting and candle products for the hospitality, retail and consumer markets. Sterno was established in 1997 and is based in Plano, Texas.

DEAL STATS #
Overall 3 of 3
Sector: Consumer Products M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Indiana M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-25 Northern International

Coquitlam, British Columbia, Canada

Northern International, Inc. is a provider of flame less candles and outdoor lighting products for the retail segment.

Buy CA$50M
Mergr

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