M&A Deal Summary |
|
|---|---|
| Date | 2018-09-12 |
| Target | B&G Foods - Priate Brands |
| Sector | Food |
| Buyer(s) | The Hershey |
| Sellers(s) | B&G Foods |
| Deal Type | Divestiture |
| Deal Value | 420M USD |
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| Category | Company |
|---|---|
| Founded | 1894 |
| Sector | Food |
| Employees | 18,650 |
| Revenue | 11.2B USD (2023) |
The Hershey is a producer of chocolate in North America and a global leader in chocolate and sugar confectionery. The Company's principal product groups include chocolate and sugar confectionery products; gum and mint refreshment products; and pantry items, such as baking ingredients, toppings and beverages. Hershey's five operating segments comprise geographic regions including the United States, Canada, Mexico, Brazil and other international locations, such as India, Korea, Japan, the Middle East, China and the Philippines. The Company markets its products in approximately 60 countries worldwide. The Hershey was founded in 1894 and is based in Hershey, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 17 |
| Sector (Food) | 13 of 17 |
| Type (Divestiture) | 2 of 3 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 9 of 13 |
| Year (2018) | 1 of 1 |
| Size (of disclosed) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-12-18 |
SkinnyPop
Austin, Texas, United States Amplify Snack Brands, Inc. (dba SkinnyPop) is a marketer of packaged popcorn products. Amplify Snack Brands was founded in 2010 and is based in Austin, Texas. |
Buy | $1.6B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-05-04 |
Krave Pure Foods
Austin, Texas, United States Krave is an emerging healthy snack food company that makes and markets a line of eight delicious, better-for-you jerky products using premium-quality cuts of all-natural beef, pork, and turkey. Krave was formed in 2009 and is based in Austin, Texas. |
Sell | - |
B&G Foods is a manufacturer, seller, and distributor of a diversified portfolio of high-quality, shelf-stable branded food products including pickles and peppers, hot sauces, wine vinegar, maple syrup, molasses, snack foods, fruit spreads, pasta sauces, beans, ready-to-use spices, salad dressings, marinades, taco shells and kits, and taco sauce and seasonings. B&G Foods was founded in 1822 and is based in Parsippany, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector (Food) | 1 of 2 |
| Type (Divestiture) | 1 of 2 |
| State (New Jersey) | 1 of 2 |
| Country (United States) | 1 of 2 |
| Year (2018) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-07-16 |
TreeHouse Foods - McCann’s Irish Oatmeal
Oak Brook, Illinois, United States TreeHouse Foods, Inc. - McCann’s Irish Oatmeal is a provider of classic traditional steel cut Irish oatmeal as well as convenience-oriented products. |
Buy | $32M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-05-15 |
Clabber Girl
Terre Haute, Indiana, United States Clabber Girl Corp. is the manufacturer of Clabber Girl Baking Powder, the #1 retail baking powder brand in the nation. For more than 150 years, Clabber Girl has earned the trust of home cooks and culinary professionals alike. Today, Clabber Girl is more than just baking powder; it is a leader in the food industry. Recently, it has expanded its product offerings to include a broader range of cooking and baking ingredients, creating a stronger presence in retail, foodservice and industrial markets. |
Buy | - |
