Ready Pac Produce, Inc
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Ready Pac Produce, Inc - overview
Established
1969
Location
Irwindale, CA, US
Primary Industry
Food
About
Ready Pac Produce, Inc specializes in delivering convenient, plant-based, ready-to-eat meal solutions aimed at health-conscious consumers, enhancing meal preparation with flavorful options. Founded in 1969 and headquartered in Irwindale, US, Ready Pac Produce, Inc is engaged in providing fresh meal solutions. The company was acquired by The Bonduelle Group in March 2017 for USD 409 mn, following a deal announced on February 24, 2017. It has successfully conducted a total of 2 deals to date.
Ready Pac focuses on providing convenient, plant-rich, ready-to-eat meal solutions primarily through its Bistro Bowls. These products cater to health-conscious consumers and include chef-tested recipes such as Chicken & Guacamole Bowls and Fancy Parisian Wraps. The Bistro Bowls are designed for quick preparation, ensuring freshness and quality while targeting busy professionals and families. Ready Pac's products are widely distributed across the United States and Canada.
In the most recent financial year, Ready Pac generated a revenue of USD 700,000,000. Ready Pac plans to leverage recent funding from The Bonduelle Group, which acquired the company in March 2017 for USD 409 mn, to expand its product offerings and geographical reach. The company is actively exploring new meal solutions, although specific product launches and release dates have not been disclosed. Expansion into additional markets is anticipated, focusing on increasing accessibility in both North America and potentially overseas in the coming years.
Primary Industry
Food
Sub Industries
Canned/Frozen Fruit & Vegetables, Health Foods & Nutritional Supplements, Food & Beverage Distribution
Website
www.readypac.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Ready Pac Produce, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Ready Pac Produce, Inc | - | ||||||||
| Growth | Completed | Ready Pac Produce, Inc | - |
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