On the Record · Sovos Brands
Sovos Brands acquisitions, on the record
The businesses Sovos Brands bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Bottom Line Food Processors, Inc. d/b/a Michael Angelo's Gourmet FoodsWord for word“We completed the acquisitions of Bottom Line Food Processors, Inc. d/b/a Michael Angelo’s Gourmet Foods and Rao’s Specialty Foods (“Rao’s” or “RSF”) in January 2017 and July 2017, respectively, and our single sales and supply chain organization supported the rapid functional integration of the Michael Angelo’s and Rao’s brands.” 10-K for 2021 | acquisition | January 2017 | — |
Rao's Specialty Foods ("Rao's" or "RSF")Word for word“We completed the acquisitions of Bottom Line Food Processors, Inc. d/b/a Michael Angelo’s Gourmet Foods and Rao’s Specialty Foods (“Rao’s” or “RSF”) in January 2017 and July 2017, respectively, and our single sales and supply chain organization supported the rapid functional integration of the Michael Angelo’s and Rao’s brands.” 10-K for 2021 | acquisition | July 2017 | — |
Noosa Holdings, Inc. (the "Noosa Acquisition")Word for word“We completed the acquisition of 100% of the outstanding capital stock of Noosa Holdings, Inc. (the “Noosa Acquisition”) in November 2018, and in October 2020, we completed the acquisition of the Birch Benders business (the “ Birch Benders Acquisition”).” 10-K for 2021 | acquisition | November 2018 | — |
Birch Benders business (the "Birch Benders Acquisition")Word for word“We completed the acquisition of 100% of the outstanding capital stock of Noosa Holdings, Inc. (the “Noosa Acquisition”) in November 2018, and in October 2020, we completed the acquisition of the Birch Benders business (the “ Birch Benders Acquisition”).” 10-K for 2021 | acquisition | October 2020 | — |
Queensland Yoghurt International Pty Ltd. intellectual property rights for the "Added Fat Vat Set" yoghurt formula and processWord for word“In March 2018, Noosa Yoghurt acquired from Queensland Yoghurt International Pty Ltd. (“Queensland”) the intellectual property rights for the “Added Fat Vat Set” yoghurt formula and process, together with all improvements (the “IP”), which Queensland had previously licensed to Noosa Yoghurt on an exclusive basis in the United States, Mexico, Canada and the Caribbean Islands.” 10-K for 2021 | acquisition | March 2018 | — |
Birch Benders brand and certain related assets to Hometown Food CompanyWord for word“On December 30, 2022, we completed the divestiture of the Birch Benders brand and certain related assets to Hometown Food Company, a portfolio company controlled by Brynwood Partners VIII L.P.” 10-K for 2022 | divestiture | On December 30, 2022 | — |
Rao's Specialty FoodsWord for word“We completed the acquisitions of Bottom Line Food Processors, Inc. d/b/a Michael Angelo’s Gourmet Foods and Rao’s Specialty Foods (“Rao’s” or “RSF”) in January 2017 and July 2017, respectively, and our single sales and supply chain organization supported the rapid functional integration of the Michael Angelo’s and Rao’s brands.” 10-K for 2022 | acquisition | July 2017 | — |
100% of the outstanding capital stock of Noosa Holdings, Inc. (the Noosa Acquisition)Word for word“We completed the acquisition of 100% of the outstanding capital stock of Noosa Holdings, Inc. (the “Noosa Acquisition”) in November 2018, and in October 2020, we completed the acquisition of the Birch Benders business (the “ Birch Benders Acquisition”).” 10-K for 2022 | acquisition | November 2018 | — |
Birch Benders businessWord for word“We completed the acquisition of 100% of the outstanding capital stock of Noosa Holdings, Inc. (the “Noosa Acquisition”) in November 2018, and in October 2020, we completed the acquisition of the Birch Benders business (the “ Birch Benders Acquisition”).” 10-K for 2022 | acquisition | October 2020 | — |
Birch Benders brand and certain related assetsWord for word“On December 30, 2022, we completed the divestiture of the Birch Benders brand and certain related assets to Hometown Food Company, a portfolio company controlled by Brynwood Partners VIII L.P.” 10-K for 2023 | divestiture | December 30, 2022 | — |
Noosa Holdings, Inc.Word for word“We completed the acquisition of 100% of the outstanding capital stock of Noosa Holdings, Inc. (the “Noosa Acquisition”) in November 2018, and in October 2020, we completed the acquisition of the Birch Benders business .” 10-K for 2023 | acquisition | November 2018 | — |
Birch BendersWord for word“In October 2020, we completed the purchase of 100% ownership interest in Birch Benders .” 10-K for 2023 | acquisition | October 2020 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2020-12-26 | $146.4 million | $41.9 million |
Deal filings since 2016
- 2024-03-12 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2023-08-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Sovos Brands’s annual reports (10-K for 2023, 10-K for 2022, 10-K for 2021) and the financial data it files with the SEC, as of 2024-02-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.