Columbus Manufacturing Inc

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Columbus Manufacturing Inc - overview

Established

1917

Location

Hayward, CA, US

Primary Industry

Food

About

Columbus Manufacturing Inc, operating under the brand COLUMBUS® Craft Meats, specializes in producing premium deli and cured meats, focusing on high-quality salami and authentic Italian specialties. Founded in 1917, Columbus Manufacturing Inc is known for its premium deli meat production. The company is headquartered in Hayward, US. It was acquired by Hormel Foods Corporation on October 31, 2017, for USD 850 mn from Arbor Private Investment Company, marking a significant transition in ownership.


The current CEO is Nazli Taskin, who leads the firm in its operations and strategic direction. COLUMBUS® Craft Meats specializes in the production of premium deli and cured meats, including high-quality salami, deli meats, and Italian specialties. The product range includes whole cuts of meat, traditionally crafted salami, and charcuterie items such as COLUMBUS™ Charcuterie Tasting Boards and Snack Trays. The company emphasizes the use of premium cuts of pork, beef, and whole chicken and turkey breasts, while also employing traditional methods such as slow-aging and roasting to maintain authenticity.


COLUMBUS® serves consumers, food retailers, specialty shops, and restaurants across the United States and select international markets. COLUMBUS® Craft Meats generates revenue through direct-to-consumer sales and partnerships with retailers and wholesalers. The company emphasizes its flagship products, including artisan salami and charcuterie boards, which are marketed through wholesale agreements with retailers. Direct sales are also made through charcuterie snack trays and paninos, enhancing the consumer dining experience.


COLUMBUS® Craft Meats plans to utilize its recent acquisition funding to expand its product line and geographic reach. The company is designing new products with a focus on catering to evolving consumer tastes. Additionally, it aims to penetrate new markets, particularly in international regions, to broaden its distribution network. The funding from Hormel Foods, following the acquisition in October 2017, will support these initiatives and enhance the company's operational capabilities.


Primary Industry

Food

Sub Industries

Meat, Poultry & Seafood Products

Website

www.columbussalame.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Columbus Manufacturing Inc - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedColumbus Manufacturing Inc-
BuyoutCompletedColumbus Manufacturing Inc-

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