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Announced

Completed

John B. Sanfilippo & Son completed the acquisition of the Just the Cheese Brand of Specialty Cheese.

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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Domestic

cheese snack

Friendly

United States

Food Products

Completed

Private

Majority

Single Bidder

Acquisition

Synopsis

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John B. Sanfilippo & Son, a processor and distributor of peanuts, pecans, cashews, walnuts, almonds, and other nuts, completed the acquisition of the Just the Cheese Brand of Specialty Cheese, a specialty cheeses manufacturer. Financial terms were not disclosed. “The acquisition of Just the Cheese, which currently will not have a significant impact on our financial results, will provide us a product that expands our portfolio into new snacking categories. Additionally, the assets and capabilities acquired will be complimentary to our existing product portfolio and are expected to lead to exciting innovation opportunities,” Jeffery T. Sanfilippo, John B. Sanfilippo & Son CEO.

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