The Simply Good Foods Company Completes Acquisition of Only What You Need, Inc. (OWYN) to Expand Market Presence
Acquiring Company
The Simply Good Foods Company
Acquired Company
OWYN
DenverNew YorkFood and BeverageHealth CareHospitalityFood ProcessingDietary SupplementsNutritionFood And BeverageDescription
The Simply Good Foods Company, a developer, marketer, and seller of branded nutritional foods, has successfully completed the acquisition of Only What You Need, Inc. (OWYN). This strategic acquisition is expected to strengthen The Simply Good Foods Company's position in the rapidly expanding RTD shake market and introduce a new consumer segment while solidifying its leading position with retail partners. The acquisition also reflects the company's confidence in its strategy and execution for driving sustained profitable growth.
Quick answer
The Simply Good Foods Company is acquiring OWYN, announced June 27, 2024. The Simply Good Foods Company is based in Denver, Colorado, United States.
- How much did The Simply Good Foods Company pay for OWYN?
- The deal value was not disclosed.
- What does The Simply Good Foods Company do?
- The Simply Good Foods Company, listed on Nasdaq as SMPL, is a developer, marketer, and seller of branded nutritional foods and snacking products.
- Where are The Simply Good Foods Company and OWYN based?
- The Simply Good Foods Company is based in Denver, Colorado, United States. OWYN is based in New York, New York, United States.
- Who are the decision-makers at The Simply Good Foods Company?
- Fundz holds 1 contact at The Simply Good Foods Company. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Food and Beverage and Hospitality
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- The Simply Good Foods Company completes acquisition of Only What You Need (OWYN) to enhance its product portfolio (June 13, 2024)
- CoreFX Ingredients expands portfolio with acquisition of Connoils (May 28, 2024)
- Simply Good Foods acquires OWYN for $280 million, $280M (June 13, 2024)
- Gordon’s Fine Wine acquires the Nantucket Food and Wine Experience to expand its portfolio (June 17, 2024)
- Doctor's Best Inc. completes acquisition of Viactiv® Brand (June 11, 2024)
- Keurig Dr Pepper to acquire strategic assets from Kalil Bottling Company to strengthen national DSD operations (May 31, 2024)
Who to call at The Simply Good Foods Company, and when
When The Simply Good Foods Company changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day The Simply Good Foods Company raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at The Simply Good Foods Company, from your own LinkedIn network
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Frequently asked
Who acquired OWYN?
OWYN was acquired by The Simply Good Foods Company, based in Denver. The deal was reported on June 27, 2024. The Simply Good Foods Company, listed on Nasdaq as SMPL, is a developer, marketer, and seller of branded nutritional foods and snacking products. The Simply Good Foods Company is publicly traded (SMPL) and operates in Food and Beverage.
When did The Simply Good Foods Company acquire OWYN?
The Simply Good Foods Company's acquisition of OWYN was reported on June 27, 2024. The Simply Good Foods Company, a developer, marketer, and seller of branded nutritional foods, has successfully completed the acquisition of Only What You Need, Inc. (OWYN). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does OWYN do?
OWYN is a plant based health and nutrition company that is true to its name, Only What You Need. Our mission is to provide full transparency into our ingredients and ensure the cleanest formulations that never compromise on taste. It is privately held, operating in Food And Beverage, and is based in New York.
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