The Online Investor
Food & Beverage M&A image Food & Beverage M&A » By The Online Investor Staff, updated Tue., Mar. 9, 1:52 AM Recent mergers and acquisitions in the Food & Beverage M&A category.

Slide #7. Hillshire Brands Van's Natural Foods from Catterton Partners

Acquirer: Hillshire Brands (HSH)
Acquiree: Van's Natural Foods from Catterton Partners
Details: The Hillshire Brands Company (NYSE:HSH) and Catterton Partners, the leading consumer-focused private equity firm, today announced that Hillshire Brands has signed a definitive agreement to acquire Catterton portfolio company Van's Natural Foods. Van's is a leading better-for-you food brand that delivers great taste, nutrition, simple/clean ingredients and all-family appeal across multiple product lines in frozen breakfast and snack foods. Hillshire Brands will pay $165 million for Van's, which is expected to have net revenues of approximately $60 million in calendar year 2014. The transaction is expected to close in May of 2014 pending regulatory clearance.

Hillshire Brands is a manufacturer and marketer of brand name food products. Co. is a provider of meat-centric food products for the retail and foodservice markets. Co.'s portfolio includes brands such as Jimmy Dean, Ball Park, Hillshire Farm, State Fair, Sara Lee frozen bakery and Chef Pierre pies, as well as brands Aidells and Gallo Salame. Co.'s operations are organized around two business segments: Retail and Foodservice/Other. Co.'s Retail segment sells a variety of packaged meat and frozen bakery products to retail customers in North America. Co.'s Foodservice/Other segment sells a variety of meat and bakery products to foodservice customers in North America.

Open the HSH Page at The Online Investor »

Company Name: 
Hillshire Brands Co
Stock buyback: 
HSH buyback
Website: 
www.hillshirebrands.com
Sector: 
Food & Beverage
 

Open the HSH Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes



Hold (2.40 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Food & Beverage M&A - Slide 7 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2021, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.