Acquiring Company
The Simply Good Foods Company
Acquired Company
Only What You Need
Description
On June 13, 2024, Simply Good Foods Company completed the acquisition of Only What You Need (OWYN) for $280 million. This acquisition aims to expand Simply Good's product portfolio in the health and wellness market. Following this event, Simply Good faced financial challenges related to the new brand, causing stock price fluctuations.
Quick answer
The Simply Good Foods Company is acquiring Only What You Need for $280 million, announced June 13, 2024. The Simply Good Foods Company is based in Denver, Colorado, United States.
- How much did The Simply Good Foods Company pay for Only What You Need?
- The reported deal value is $280 million.
- 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 Only What You Need based?
- The Simply Good Foods Company is based in Denver, Colorado, 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.
- CoreFX Ingredients expands portfolio with acquisition of Connoils (May 28, 2024)
- The Simply Good Foods Company Completes Acquisition of Only What You Need, Inc. (OWYN) to Expand Market Presence (June 27, 2024)
- The Simply Good Foods Company completes acquisition of Only What You Need (OWYN) to enhance its product portfolio (June 13, 2024)
- Zinzino acquires assets in Xelliss - strategic reinforcement in southern Europe and in the microalgae spirulina (May 12, 2024)
- Doctor's Best Inc. completes acquisition of Viactiv® Brand (June 11, 2024)
- Vetnique Labs to acquire Lintbells, the U.K. maker of YuMOVE, to support global expansion of pet health and wellness brands (July 9, 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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Related People
Frequently asked
Who acquired Only What You Need?
Only What You Need was acquired by The Simply Good Foods Company, based in Denver. The deal was reported on June 13, 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 Only What You Need?
The Simply Good Foods Company's acquisition of Only What You Need was reported on June 13, 2024. On June 13, 2024, Simply Good Foods Company completed the acquisition of Only What You Need (OWYN) for $280 million. This acquisition aims to expand Simply Good's product portfolio in the health and wellness market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Only What You Need do?
Only What You Need is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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