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Announced

Completed

Grey Mountain-backed Mann Lake completed the acquisition of Stromberg’s.

Financials

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

Tags

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poultry products

Majority

Private Equity

poultry

Private

Single Bidder

Completed

United States

poultry equipment

Acquisition

Food Products

Friendly

Synopsis

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Private equity firm Grey Mountain-backed Mann Lake, a diversified consumer goods distributor, completed the acquisition of Stromberg’s Unlimited, a supplier of live poultry and poultry equipment. Financial terms were not disclosed. “We are thrilled to partner with Eric and his team to build upon Stromberg’s legacy of customer service with new pricing, products and rewards. Since 1921, Eric and his family have been a reliable partner to countless poultry enthusiasts and we are honored that he chose to partner with us to accelerate Stromberg’s growth,” Stuart Volby, Mann Lake CEO.

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