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Feb 25, 2019 · Schwan’s Company and CJ CheilJedang announced today the close of the transaction for CJCJ’s acquisition of Schwan’s and several of its subsidiaries.
Nov 15, 2018 · Seoul-based CJ CheilJedang will pay $1.8 billion for an 80 percent stake in Schwan’s and gain control of its businesses that serve restaurants, grocery stores and other retailers, the companies said in a statement Thursday. The deal is expected to close early next year.
CJ CheilJedang (“CJCJ”) has entered into a definitive agreement to acquire Schwan’s Company (“Schwan’s” or the “Company”), a US-based frozen food company. This transaction will provide CJCJ a platform for Korean Food (“K-Food”) expansion with access to manufacturing and distribution infrastructures across the US as well as ...
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Nov 15, 2018 · SEOUL, SOUTH KOREA — CJ CheilJedang, the food business unit of South Korea’s CJ Group, has acquired an 80% majority stake in the Schwan Co., Minneapolis, for approximately $1.84 billion. The acquisition includes the Schwan Co. and its subsidiaries that focus on food sold in the retail and food service channels.
- Keith Nunes
Feb 25, 2019 · Schwan’s Company, a leading U.S. food business, and CJ CheilJedang (CJCJ) announced today that they have closed on the transaction for CJCJ’s acquisition of Schwan’s and several of its subsidiaries.
Nov 15, 2018 · SEOUL (Reuters) - South Korea's CJ CheilJedang Corp <097950.KS> said on Thursday it bought privately held U.S. frozen foods firm Schwan's Co for $1.84 billion, the South Korean...
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Feb 25, 2019 · CJ CheilJedang (CJCJ) announced the close of its $1.84 billion acquisition of Schwan’s Company on Monday, marking the completion of the South Korean firm’s biggest overseas merger and acquisition to date.
