Pinnacle Foods, Inc. acquired by Conagra Brands
Conagra Brands agreed to acquire Pinnacle Foods, Inc., a US food brand, on Jun 27, 2018.
Preliminary: The transaction value, EV/revenue and EV/EBITDA are not yet independently verified.
Transaction summary
- Target
- Pinnacle Foods, Inc.
- Acquirer
- Conagra Brands
- Seller
- -
- Announced
- 2018-06-27
- Geography
- United States
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- -
- First added
- 2026-10-12
- Latest update
- 2026-10-31
Value and multiples
100% enterprise value
USD 11B
Unverified
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
3.47x
Unverified
Period: FY2017
Basis: Estimated
EV / EBITDA
16.5x
Unverified
EBITDA: normalised / adjusted
Basis: Estimated
Basis
- Reported enterprise value: USD 11bn.
- Implied EV / revenue is 3.47x, calculated from USD 11bn value and USD 3.1bn revenue.
- EV/revenue is estimated.
- Implied EV / EBITDA is 16.5x, calculated from USD 11bn value and USD 660m EBITDA.
Source summary
Conagra Brands 10-Q, filed 2026-09-30
ConfirmedAcquisition of Pinnacle Foods, Inc. by Conagra Brands.
Open sourceConagra Brands 10-Q, filed 2026-09-30
ConfirmedDuring the first quarter of fiscal 2019, we entered into deal-contingent forward starting interest rate swap contracts to hedge a portion of the interest rate risk related to our issuance of long-term debt to help finance the acquisition of Pinnacle Foods, Inc. We settled these contracts during the second quarter of fiscal 2019 and deferred a $ 47.5 million gain in accumulated other comprehensive income that is being amortized as a reduction of interest expense over the lives of the related debt instruments.
Open sourceContinue your research
Related transaction comps
Beatrice Company acquired by Conagra Brands
1990 · Confirmed
View transaction → Same buyer / investorSweetwood Smoke & Co. acquired by Conagra Brands
2024-08-09 · Confirmed
View transaction → FoodSovos Brands, Inc. acquired by Campbell Soup Company
2023-08-07 · Confirmed
View transaction → FoodWK Kellogg Co acquired by Ferrero
2025-07-10 · Confirmed
View transaction →