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Food & Beverage M&A image Food & Beverage M&A » By The Online Investor Staff, updated Fri., Apr. 19, 7:33 AM Recent mergers and acquisitions in the Food & Beverage M&A category.

Slide #35. J & J Snack Foods Corp. New York Pretzel

Acquirer: J & J Snack Foods Corp. (NASDAQ:JJSF)
Acquiree: New York Pretzel
Details: J & J Snack Foods Corp. (Nasdaq: JJSF) announced today that it has acquired the assets of New York Pretzel. New York Pretzel, located in Brooklyn NY, produces soft pretzel products sold primarily in the north east region to both retail and food service locations. The Company did not disclose the purchase price or the revenues of New York Pretzel.

J&J Snack Foods manufactures snack foods and distributes frozen beverages which it markets nationally to the foodservice and retail supermarket industries. Co. operates in three business segments: Food Service, which sells soft pretzels, frozen novelties, churros, handheld products and baked goods; Retail Supermarkets, which sells soft pretzel products, frozen novelties, WHOLE FRUIT frozen fruit bars and sorbet, DOGSTERS, PHILLY SWIRL cups and sticks, SOUR PATCH sticks, ICEE Squeeze-Up Tubes and handheld products; and Frozen Beverages, which sells frozen beverages to the food service industry as well as provides repair and maintenance services to customers for customers' owned equipment.

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Company Name:  J&J Snack Foods Corp.
Stock buyback:  JJSF buyback
Website:  www.jjsnack.com
Sector:  Food & Beverage
Number of ETFs Holding JJSF:  52
Total Market Value Held by ETFs:  $520.80M
Total Market Capitalization:  $2.62B
% of Market Cap. Held by ETFs:  19.90%
 

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April 19, 2024    7:33 AM Eastern
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Buy (3.25 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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JJSF Stock Forecast

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