Schwan’s sale possible?

Company weighing its options

Pfw 7389 Nov News Schwans Logo2 0

Schwan’s Co. has hired investment bank Piper Jaffray to explore options regarding its future, including a potential sale. Ranked by Forbes as one of the largest private companies in the US, the maker of frozen foods, such as Tony’s pizza, Freschetta pizza, Edwards desserts and Mrs. Smith’s pies, reports approximately $260 million in annual earnings before interest, taxes, depreciation and amortization.

Schwan’s could be valued at more than $2.5 billion, should a deal be brokered. However, it is possible Schwan’s may decide to sell off the company piecemeal or not at all.

Food safety excellence on a budget: The smart approach
When material costs rise and margins shrink, efficient cleaning becomes critical. Learn cost-effective sanitation strategies that enhance food safety while reducing resource consumption.
Read More
Food safety excellence on a budget: The smart approach
Researched List: Engineering Services Firms
Looking for engineering services? Our curated list features 100+ companies specializing in civil, process, structural, and electrical engineering. Many also offer construction, design, and architecture services. Download to access company names, markets served, key services, contact information, and more!
Download Now
Researched List: Engineering Services Firms