# Hearthside Food Solutions to buy Greencore US frozen packaging business for $1.075B

Hearthside Food Solutions has entered a definitive agreement to buy Greencore Group's entire US frozen contract packaging business for $1.075 billion on a cash and debt-free basis.

- Type: Acquisition
- Announced: 2018-10-15
- Where: United States
- Value: $1.07B
- Jobs: 3,500
- Status: announced
- Products: frozen contract packaging, sandwiches, entrees
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Hearthside Food Solutions](https://endata.com/companies/7239.md) (acquirer)
- [Greencore](https://endata.com/companies/12617.md) (partner)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/hearthside-buy-contract-packaging-firm-greencore-us-1-075bn/), 2018-10-15: "US-based contract manufacturer Hearthside Food Solutions has entered a definitive agreement to buy Ireland-based public company Greencore Group's entire US frozen contract packaging business for $1.075bn on a cash and debt-free basis."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/deals-and-mas-this-week-harpak-ulma-greencore-group-duni/), 2018-10-18: "Greencore Group has agreed to sell its frozen contract packaging business in the US to Hearthside Food Solutions for $1.075bn."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.