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New Deal


Announced

Centre Partners-backed Golding Farms Foods acquired Arcobasso Foods.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
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EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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sauces

Private

United States

Private Equity

food manufacturing

Acquisition

Food Products

Synopsis

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Centre Partners-backed Golding Farms Foods, a leading national manufacturer of private label and branded sauce and condiment products, acquired Arcobasso Foods, a leading manufacturer of refrigerated dressings, sauces and beverage mixers. Financial terms were not disclosed. "Arcobasso Foods is a special company with long-standing relationships and commitments to customers, suppliers, employees and the St. Louis community," stated John Frostad, CEO of Golding Farms. "The addition of Arcobasso will meaningfully expand Golding Farms' manufacturing footprint, creating a specialty sauce and condiment platform capable of serving customers in almost every geography and trade channel. We are pleased to welcome the Arcobasso team to Golding Farms."

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