Transaction summary
- Target
- Ainsworth Pet Nutrition (Rachael Ray Nutrish)
- Acquirer
- The J.M. Smucker Company
- Seller
- L Catterton & Lang Family
- Announced
- 2018-04-04
- Geography
- United States
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- 100%
- First added
- 2026-10-31
- Latest update
- 2026-10-31
Value and multiples
100% enterprise value
USD 1.9B
100% enterprise value | USD
Basis: Public source
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
EV / revenue
2.38x
Period: Forecast 2017
Basis: Public source
EV / EBITDA
-
EBITDA basis not stated
Basis: Public source
Amounts paid and other reported values
Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.
Consideration: USD 1.9B
Basis
- Reported value: US$1.9bn. Multiples use revenue of US$800m (Forecast). Smucker expected about US$110m of first-year EBITDA including synergies.
Source summary
J M Smucker Co - Form 8-K Ex. 99.1 (4 April 2018)
Confirmedis valued at $1.9 billion, prior to an expected tax benefit related to the acquisition
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