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New Deal


Announced

Completed

JH Whitney-backed CJ Foods completed the acquisition of American Nutrition.

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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Private Equity

Acquisition

pet food

Single Bidder

Completed

United States

Friendly

Food Products

Majority

Private

Synopsis

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JH Whitney-backed CJ Foods, a custom manufacturer of specialty dry pet food, completed its acquisition of American Nutrition, one of America’s largest pet food manufacturers. Financial terms were not disclosed. “Completing this transaction in a time of uncertainty speaks to the strength of the industry as well as these two world-class manufacturers. The combined organization will deliver an unparalleled national footprint and broad product portfolio with a focus on delivering products of the future through innovation and category leadership,” David McLain, CJ Foods CEO.

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