M&A Deal Summary

Sterno Products Acquires sevenOKs

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

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

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

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

Sterno Products is a provider of tabletop light and chafing fuel products segments of foodservice equipment industry. The Company has provided the foodservice industry with quality candle lamps, clear liquid wax, and high performance chafing fuels for over a quarter of a century. Sterno Products was established in 1997 and is based in Corona, California.

DEAL STATS #
Overall 3 of 3
Sector (Consumer Products) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Indiana) 1 of 1
Country (United States) 2 of 2
Year (2017) 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

Product

Company

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