M&A Deal Summary

TruFood Manufacturing Acquires Bar Bakers

On May 3, 2024, TruFood Manufacturing acquired food company Bar Bakers

Acquisition Highlights
  • This is TruFood Manufacturing’s 2nd transaction in the Food sector.
  • This is TruFood Manufacturing’s 2nd transaction in the United States.
  • This is TruFood Manufacturing’s 1st transaction in California.

M&A Deal Summary

Date 2024-05-03
Target Bar Bakers
Sector Food
Buyer(s) TruFood Manufacturing
Deal Type Add-on Acquisition
Advisor(s) Houlihan Lokey (Financial)
Winston & Strawn (Legal)

Target

Bar Bakers

Los Alamitos, California, United States
Bar Bakers is a contract manufacturer of branded nutrition and protein bars, baked bars and cookies, and wafer bars. Bar Bakers is based in Los Alamitos, California.

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Buyer(S) 1

Buyer

TruFood Manufacturing

Pittsburgh, Pennsylvania, United States

Category Company
Founded 2002
Sector Food
DESCRIPTION

TruFood Manufacturing is a contract manufacturer of branded and private-label nutrition bars, protein bars, chocolate moulded products, and baked goods. TruFood Manufacturing's products are sold at the club, grocery, drug, convenience, and department stores worldwide. TruFood Manufacturing was founded in 2002 and is based in Pittsburgh, Pennsylvania.


DEAL STATS #
Overall 2 of 2
Sector (Food) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (California) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-31 Simply Natural Foods

Brooklyn, United States

Simply Natural is a co-manufacturer of renowned nutrition and better-for-you chocolate and bar brands for large and high-growth CPG companies as well as private label customers. It has a diversified portfolio of products including, functional and diet bars, chocolate bars, peanut butter cups as well as other moulded and extruded snack items. The Company currently operates out of an SQF Level 2 certified facility based in Commack, NY (Long Island).

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