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New Deal


Announced

Completed

SVB Foods completed the acquisition of Vita Specialty Foods.

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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food products

Majority

Private

Completed

Single Bidder

United States

Food Products

Acquisition

Domestic

Friendly

Synopsis

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SVB Foods, a trusted contract packaging food manufacturer specializing in savory condiments like salad dressings, marinades, and sauces, completed the acquisition of Vita Specialty Foods, a food product and private labeling company. Financial terms were not disclosed. "We are truly excited about the acquisition of Vita Specialty Foods. This opportunity allows SVB Foods to respond more effectively to market trends and consumer preferences. Our mission is to provide quality products at a fair price and to do the right thing for our customers, our employees, and our communities," Terry Hess, SVB Foods CEO.

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