Add-on Acquisition • Food

STIR Foods Acquires Lancaster Fine Foods

On March 1, 2021, STIR Foods acquired food company Lancaster Fine Foods

Acquisition Context
  • This is STIR Foods’ 4th transaction in the Food sector.
  • This is STIR Foods’ 3rd transaction in the United States.
  • This is STIR Foods’ 1st transaction in Pennsylvania.

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M&A Deal Summary

Date March 1, 2021
Target Lancaster Fine Foods
Sector Food
Buyer(s) STIR Foods
Deal Type Add-on Acquisition

Target Company

Lancaster Fine Foods

Lancaster, Pennsylvania, United States
Lancaster Fine Foods, Inc. is a private label and contract manufacturer of custom sauces, dressings, and condiments for retail, industrial and foodservice customers. Lancaster Fine Foods is based in Lancaster, Pennsylvania.
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Buyer Overview 1

Buyer

STIR Foods

Orange, California, United States

Category Company
Founded 2005
Sector Food
DESCRIPTION

STIR Foods is a custom food manufacturer that specializes in soups, sauces, dressings, bakery mixes, and essentially anything else that can be stirred, ladled, or spooned. STIR utilizes Hot Cooking and Cold Mixing processes and techniques. STIR is a customer centric company that focuses on expedient and thorough service, culinary expertise and innovation, manufacturing finesse and flexibility, and product quality and value. STIR Foods was founded in 2005 and is based in Orange, California.


Deal Context for Buyer #
Overall 4 of 4
Sector: Food 4 of 4
Type: Add-on Acquisition 4 of 4
State: Pennsylvania 1 of 1
Country: United States 3 of 3
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-18 Celtrade Canada

Mississauga, Ontario, Canada

Celtrade Canada, Inc. is a private label and contract manufacturer of custom sauces, dressings, and condiments for retail and foodservice customers. Celtrade operates a 56,000 square foot, Safe Quality Food (“SQF”) certified facility in Toronto, Canada.

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