M&A Deal Summary |
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Date | 2017-03-23 |
Target | Fresh Frozen Foods |
Sector | Food |
Buyer(s) | The Pictsweet |
Sellers(s) | Inventure Foods |
Deal Type | Divestiture |
Deal Value | 24M USD |
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The Pictsweet Co. is a full service grower, processor and marketer of frozen vegetables. Pictsweet® was founded as a family company more than 70 years ago in Bells, Tennessee. Today, the family company grows vegetables in 31 states with operations in Tennessee, Delaware, Texas, Utah, and California. Pictsweet® distributes frozen vegetable products nation-wide under The Pictsweet Farms® brand.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Food) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Georgia) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2017) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
Inventure Foods, Inc. is a marketer and manufacturer of specialty food brands in better-for-you and indulgent categories under a variety of Company owned and licensed brand names, including Boulder Canyon Foods™, TGI Fridays™, Nathan's Famous®, Vidalia Brands®, Poore Brothers®, and Tato Skins®, Bob's Texas Style®.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Food) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Georgia) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2017) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2013-11-12 |
Fresh Frozen Foods
Jefferson, Georgia, United States Fresh Frozen is a family-owned, full-service processor and supplier of more than 60 varieties of frozen vegetables and fruits to retail outlets throughout the Southeast United States and the Caribbean Islands. In addition to a bulk packaging facility in Jefferson, Georgia, the business has a processing facility in Thomasville, Georgia. |
Buy | $38M |