M&A Deal Summary

Wicked Foods Acquires Current Foods

On May 23, 2023, Wicked Foods acquired food company Current Foods

Acquisition Highlights
  • This is Wicked Foods’ 1st transaction in the Food sector.
  • This is Wicked Foods’ 1st transaction in the United States.
  • This is Wicked Foods’ 1st transaction in California.

M&A Deal Summary

Date 2023-05-23
Target Current Foods
Sector Food
Buyer(s) Wicked Foods
Deal Type Add-on Acquisition

Target

Current Foods

San Francisco, California, United States
Current Foods is an alt-protein startup that provides plant-based seafood to food service and fine dining locations in the U.S. and Europe. Current Foods was formed in 2019 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

Wicked Foods

Edina, Minnesota, United States

Category Company
Sector Food
DESCRIPTION

Wicked Foods is a plant-based, flavor-forward global food brand that offers a variety of chef-crafted, animal-free consumer packaged goods in the industry available at 90,000 distribution points with more than 40 products in the U.S. and 150+ products in the U.K. The brand's multi-category plant-based retail offerings include an expansive frozen and ambient product lineup such as heat-and-eat entreés, handcrafted frozen pizzas, and first-of-its-kind ice creams and novelties. Wicked Foods is based in Edina, Minnesota.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1