On November 3, 2010, Simmons Pet Food, Inc., an affiliate of Simmons Foods, Inc., completed the acquisition of Menu Foods Limited, the operating subsidiary of Menu Foods Income Fund, for $239 million.
Menu Foods Limited is a leading North American private-label/contract-manufacturer of wet pet food products. Based in Arkansas, the Simmons family of companies represents a highly diversified agricultural-based organization with annual sales of over US$1 billion.
Simmons' businesses include Simmons Pet Food, a manufacturer of wet and dry pet food serving customers across the United States. Simmons' businesses also include a vertically integrated chicken business that focuses on national restaurants and retail mass merchandisers as well as Simmons Feed Ingredients, a quality leader in dry feed ingredients for dairy, cattle, aquaculture and pet food manufacturers.
Simmons was represented in Canada by Stikeman Elliott LLP with a team that included John Leopold and Benoît Dubord (M&A/corporate – Montréal); Luc Bernier and Éric Lévesque (tax – Montréal) and Joel Binder and Victor Chai (M&A – Toronto). Simmons was represented in the United States by Bingham McCutchen LLP with a team that included Richard Welch, Janice Liu and Lise Lipowsky (M&A) and Jeffrey DuRocher (tax).
Menu Foods was represented in Canada by Goodmans LLP with a team that included Stephen Halperin, Neill May and Chat Ortved (M&A/corporate), Carrie Smit and Jarrett Freeman (tax) and Richard Annan (competition) and by Goldman Sloan Nash & Haber LLP with a team that included Norman Goldman and Georgea Wolfe (M&A/corporate). Menu Foods was represented in the United States by Fredrikson & Byron, P.A. with a team that included Steven Dickinson and Thomas Steichen (M&A/corporate), Richard Wegener (competition) and Thomas Garton (tax).