Simmons Pet Foods Acquires Menu Foods Limited
|Areas||Competition, Antitrust and Foreign Investment, Corporate and Commercial, Corporate Finance and Securities, REITs and Income Securities, Tax|
Goodmans represents Menu Foods Income Fund in connection with the $239 million acquisition of Menu Foods Limited, the operating subsidiary of Menu Foods Income Fund by Simmons Pet Food, Inc., an affiliate of Simmons Foods, Inc.
Menu Foods Limited is a leading North American private-label/contract-manufacturer of wet pet food products. Based in Arkansas, the Simmons family of companies represents a highly diversified agricultural-based organization with annual sales of over US$1 billion. Simmons' businesses include Simmons Pet Food, a manufacturer of wet and dry pet food serving customers across the United States. Simmons' businesses also include a vertically integrated chicken business that focuses on national restaurants and retail mass merchandisers as well as Simmons Feed Ingredients, a quality leader in dry feed ingredients for dairy, cattle, aquaculture and pet food manufacturers.