Food & Beverage M&A » By The Online Investor Staff, updated Tue., Aug. 11, 8:55 AM
Recent mergers and acquisitions in the Food & Beverage M&A category.
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Slide #90. Ridley Inc. — Stockade Brands Inc.
Acquirer:
Ridley Inc. (RCL.CA)
Acquiree:
Stockade Brands Inc.
Details:
Ridley Inc. announced that Ridley Block Operations, a Ridley division and leading provider of livestock feed supplement blocks, has acquired Stockade Brands Inc. a privately-held, Pittsburg, Kansas manufacturer of blocks, loose minerals and dried molasses products for livestock and equine markets. The acquisition, whose purchase price was not disclosed, was funded in cash through Ridley's existing credit facilities.
Ridley is engaged in commercial animal nutrition businesses in North America, serving customers mainly in the United States and Canada. Co. manufactures and markets a range of animal nutrition products, including formulated complete feeds, premixes, feed supplements, block supplements, animal health products and feed ingredients. Co.'s customers include livestock and poultry breeders and growers who produce meat, dairy and poultry products that are processed into consumer food products. Co.'s trade names including Ridley, Feed-Rite, Hubbard Feeds, Ridley Feed Ingredients, Ridley Specialty Products, Ridley Block Operations, McCauley's®, Sweetlix®.
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