M&A Deal Summary |
|
|---|---|
| Date | 2004-03-24 |
| Target | General Mills - Oat Fiber Manufacturing Facility |
| Sector | Manufacturing |
| Buyer(s) | SunOpta |
| Sellers(s) | General Mills |
| Deal Type | Divestiture |
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SunOpta is the largest soy processing company in North America, supplying branded product manufacturers such as Hain Celestial (West Soy) and Dean Foods (Silk). The Company also sells other organic, non-genetically modified soy, oat and corn ingredients to food manufacturers. In addition, SunOpta is the largest distributor of organic groceries in Canada. SunOpta?s other holdings include an environmental services company involved in cleaning bridges, ships and other surfaces; and a steam explosion technology division dedicated to exploiting a proprietary technology for extracting pulp in an environmentally friendly manner from straw and other natural products. SunOpta was founded in 1973 and is based in Eden Prairie, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 35 |
| Sector (Manufacturing) | 1 of 1 |
| Type (Divestiture) | 1 of 2 |
| State (Iowa) | 1 of 1 |
| Country (United States) | 4 of 16 |
| Year (2004) | 2 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-03-01 |
Distribue-Vie Fruits & Legumes Biologiques
Montreal, Quebec, Canada Distribue-Vie specializes in the distribution of organic fresh foods with an emphasis on produce. Select lines of grocery and drink items complement the product mix. Distribue-Vie is the dominant player in the distribution of organic produce in Quebec and operates from a warehousing facility located in Montreal, servicing the key Quebec market along with geographic reach to Eastern Ontario and the Maritime provinces. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-04-20 |
Supreme Foods
Riyadh, Saudi Arabia Supreme Foods is a distributor of certified organic, natural, kosher and specialty grocery products across Canada, with its headquarters in Toronto. Supreme has a number of exclusive sourcing arrangements as well as a number of products under its own brands. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1866 |
| Sector | Food |
| Employees | 32,500 |
| Revenue | 20.1B USD (2023) |
General Mills is a multinational manufacturer and marketer of branded consumer foods sold through retail stores. The Company is also a supplier of branded and unbranded food products to the foodservice and commercial baking industries. General Mills' portfolio includes a wide range of well-known brands such as Cheerios, Yoplait, Betty Crocker, Pillsbury, Haagen-Dazs, Annie's Homegrown, and Nature Valley, among others. The company's products encompass various categories, including cereals, yogurt, snack bars, meal kits, ready-to-eat meals, and frozen desserts. General Mills was founded in 1866 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 9 |
| Sector (Manufacturing) | 1 of 1 |
| Type (Divestiture) | 1 of 8 |
| State (Iowa) | 1 of 1 |
| Country (United States) | 2 of 8 |
| Year (2004) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-07-17 |
Pillsbury
Minneapolis, Minnesota, United States Pillsbury is a producer of food products. Company brands include Pillsbury, Green Giant vegetables, Haagen-Daz ice cream and Old El Paso Mexican food. Pillsbury was formed in 1869 and is based in Minneapolis, Minnesota. |
Buy | $10.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-03-21 |
Lloyd s Barbeque
St. Paul, Minnesota, United States Lloyd's Barbeque Company, L.L.C. produces barbecue ribs mixed with its barbeque sauce. The company offers pork and beef barbecue ribs; and shredded barbecue chicken, pork, and beef products. The company was founded in 1978 and is based in St. Paul, Minnesota. As of April 4, 2005, Lloyd's Barbeque Company is a subsidiary of Hormel Foods Corp. |
Sell | - |
