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Ecce Panis has been sold to Campbell Soup Company

by / Sunday, 18 August 2013 / Published in Press Release

Lincoln International represents Ecce Panis in its sale to Campbell Soup Company

Lincoln International, a global middle-market investment bank, today announced that Ecce Panis, Inc. (“Ecce Panis” or the “Company”) has entered into an agreement to be acquired by Campbell Soup Company (NYSE: CPB) (“Campbell”).

Headquartered in East Brunswick, New Jersey, Ecce Panis provides premium, branded par-baked artisan breads sold primarily through the in-store bakeries of leading retailers and grocery chains across the country. Lincoln International acted as the exclusive financial advisor to Ecce Panis. Terms of the transaction were not disclosed. The transaction is expected to be completed later this spring. Upon completion of the transaction, Campbell plans to operate Ecce Panis as a distinct brand within its Pepperidge Farm portfolio.

The Ecce Panis transaction represents the second food deal that Lincoln has announced in the past week. On March 26th, 2009, Lincoln announced the sale of Harvest Manor Farms, LLC (“Harvest Manor”) to Ralcorp Holdings, Inc. (NYSE: RAH). Harvest Manor, headquartered in Cedar Rapids, Iowa with production facilities in El Paso, Texas, is a large U.S. provider of branded and private label nuts and other snacks sold through grocery, club, big box retail, foodservice, and vending/concession channels. Lincoln acted as the exclusive financial advisor to Harvest Manor. Terms of the transaction were not disclosed.

About Lincoln International

Lincoln International specializes in merger and acquisition services, debt advisory services, UK pension advisory services and providing fairness opinions and valuations for leading organizations involved in mid-market transactions. With offices in Chicago, Frankfurt, London, Los Angeles, Madrid, New York, Paris, Tokyo and Vienna, and strategic partnerships with China Everbright in China and ICICI Securities, Inc. in India, Lincoln International has strong local knowledge and contacts in the key global economies. The organization provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.

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