Berner Food and Beverage, Inc.
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Berner Food and Beverage, Inc. - overview
Established
1941
Location
-, IL, US
Primary Industry
Food
About
Founded in 1941, Berner Food and Beverage, Inc. specializes in dairy-based food and beverage production. The company has undergone strategic pivots in its operations to better serve its clients. It is headquartered in the US, with its operational footprint extending throughout North America.
Stephen Kneubuehl serves as the CEO. The company has engaged in two significant funding rounds, with the latest transaction occurring on March 1, 2017. Berner Food & Beverage specializes in the production of shelf-stable, dairy-based food and beverage products, catering primarily to large consumer packaged goods (CPG) companies, emerging beverage brands, and private label retailers across the United States. The company's core offerings include ready-to-drink (RTD) coffees and teas, a variety of dips and sauces, as well as snacks, all made from high-quality, real ingredients.
These products are designed to meet consumer demand for convenient, flavorful options that enhance meal experiences and satisfy snacking occasions. With a strong emphasis on quality, Berner maintains certifications such as SQF2000 Level III and organic certification, which ensure that their products adhere to rigorous safety and quality standards. The geographical markets served by Berner extend nationwide, with a significant presence in North America, where their products are distributed to major retailers and directly to consumers. Berner Food & Beverage generates revenue through strategic partnerships and direct transactions with retailers and wholesalers in the food and beverage sector.
The business model primarily revolves around B2B interactions, where clients place bulk orders for Berner's extensive range of products, including its flagship offerings like salsa con queso, coffee, energy drinks, and functional beverages. Transactions typically involve pricing structures based on volume, with clients benefiting from tailored solutions that align with their specific product needs and market demands. The company’s operational excellence and commitment to quality facilitate strong relationships with its partners, allowing for consistent and reliable product delivery. Berner's integrated approach, which encompasses development, manufacturing, packaging, and warehousing, enhances its value proposition in a competitive marketplace.
In the upcoming years, Berner Food and Beverage plans to launch new product lines focused on innovative dairy alternatives, aiming for a release in the latter half of 2024. The company is also targeting expansion into international markets, particularly in Europe and Asia, with plans set for completion by 2025. Recent funding from the March 1, 2017 deal will support these initiatives, allowing the company to enhance its product development capabilities and expand its distribution networks in these new regions.
Current Investors
Peak Rock Capital
Primary Industry
Food
Sub Industries
Non-Alcoholic Beverages, Dairy Products, Other Food Products, Food & Beverage Distribution
Website
www.bernerfoodandbeverage.com/
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Berner Food and Beverage, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Berner Food and Beverage, Inc. | - | ||||||||
| Buyout | Completed | Berner Food and Beverage, Inc. | - |
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