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Mubadala Capital-backed TruFood Manufacturing completed the acquisition of Bar Bakers.

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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United States

Private Equity

Single Bidder

nutritional snacks

Food Products

Acquisition

Domestic

Majority

Private

Completed

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Synopsis

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Mubadala Capital-backed TruFood Manufacturing, a contract manufacturer specializing in better-for-you nutrition bars, chocolate and baked granola, completed the acquisition of Bar Bakers, a nutritional snacks manufacturing company. Financial terms were not disclosed. “The coming together of TruFood and Bar Bakers marks a significant milestone as it strengthens our position in the nutritional snacks market. As a result, we have expanded our capabilities and portfolio of products and strategically extended our manufacturing footprint to the west coast. The combined company’s expertise and resources will enable us to better serve our customers and to accelerate our growth opportunities. I am thrilled to welcome Bar Bakers to our family. Their track record of customer partnership and operational excellence align perfectly with our values and vision,” Michael Buick, TruFood CEO.

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