.
MergerLinks Header Logo

New Deal


Announced

Completed

John B. Sanfilippo & Son completed the acquisition of the snack bars business assets from TreeHouse Foods for $61m.

Financials

Edit Data
Transaction Value£50m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Synopsis

Edit

John B. Sanfilippo & Son, a processor, packager, marketer and distributor of snack bars, dried cheese, and nut & dried-fruit based products, completed the acquisition of the Lakeville manufacturing facility and snack bars business from TreeHouse Foods, a private label food and beverage manufacturer, for $61m. “This is a momentous day for our Company as we close the largest and most transformational acquisition in our history. This acquisition significantly accelerates our product diversification strategy and allows us to offer our private label customers a complete offering of snack bars. I would like to officially welcome the approximately 400 employees of the Lakeville facility to the JBSS family. We look forward to working with this talented team to profitably grow the snack bar business and deliver long-term shareholder value,” Jeffrey T. Sanfilippo, John B. Sanfilippo & Son CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US