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John B. Sanfilippo & Son, Inc. To Acquire Assets From Treehouse Foods

PUBLIC · JBSSSep 06, 2023

Acquiring Company

John B. Sanfilippo & Son

Acquired Company

Assets

ElginManufacturingFood and BeverageAgriculture and FarmingFood And BeverageRetailFood Processing

Description

John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) (the “Company”) today announced that it has signed a definitive agreement to acquire certain assets, including a manufacturing facility located in Lakeville, Minnesota, and customer relationships, from Treehouse Foods, Inc. (NYSE: THS) relating to its snack bars business unit for approximately $63.0 million dollars in cash, subject to certain adjustments.

Quick answer

John B. Sanfilippo & Son is acquiring Assets, announced September 6, 2023. John B. Sanfilippo & Son is based in Elgin, Illinois, United States.

How much did John B. Sanfilippo & Son pay for Assets?
The deal value was not disclosed.
What does John B. Sanfilippo & Son do?
Based in Elgin, Illinois, John B. Sanfilippo & Son, Inc. is a processor, packager, marketer and distributor of snack bars, dried cheese, and nut & dried-fruit based products that are sold under the Company’s Fisher ®,..
Where are John B. Sanfilippo & Son and Assets based?
John B. Sanfilippo & Son is based in Elgin, Illinois, United States.
Who are the decision-makers at John B. Sanfilippo & Son?
Fundz holds 1 contact at John B. Sanfilippo & Son. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Food and Beverage and Agriculture and Farming

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When John B. Sanfilippo & Son changes hands, the new owners review vendors, systems and leadership. That is when the door opens.

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Company Information

Company

John B. Sanfilippo & Son

Location

Elgin, Illinois, United States

About

Based in Elgin, Illinois, John B. Sanfilippo & Son, Inc. is a processor, packager, marketer and distributor of snack bars, dried cheese, and nut & dried-fruit based products that are sold under the Company’s Fisher ®, Orchard Valley Harvest ®, Squirrel Brand ®, Southern Style Nuts ® and Just the Cheese ® brand names and under a variety of private brands. Additional information, including John B. Sanfilippo & Son, Inc.’s most recent statements on forms 10-Q and 10-K, may be found at jbssinc.com

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Frequently asked

Who acquired Assets?

Assets was acquired by John B. Sanfilippo & Son, based in Elgin. The deal was reported on September 6, 2023. Based in Elgin, Illinois, John B. Sanfilippo & Son, Inc. John B. Sanfilippo & Son is publicly traded (JBSS) and operates in Manufacturing.

When did John B. Sanfilippo & Son acquire Assets?

John B. Sanfilippo & Son's acquisition of Assets was reported on September 6, 2023. John B. Sanfilippo & Son, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Assets do?

Assets is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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