Eagle Brand

Last updated
Eagle Family Foods Group LLC
Company type LLC
Industry Food
FoundedDecember 2015;8 years ago (2015-12)
Headquarters,
Products Condensed and evaporated milk, popcorn, french fries, sweet onion sticks
Brands
List
    • Eagle Brand
    • Cretors
    • Fry Masters
    • Magnolia
    • Milnot
    • Monster Pop
    • PET
    • Popcorn
    • Skinny Sticks
Owner Kelso & Company
Website eaglefoods.com

Eagle Family Foods Group LLC, doing business as Eagle Foods, is an American food company based in Cleveland, Ohio that is owned by private equity firm Kelso & Company. The company was founded in 2015 by Paul Smucker Wagstaff after acquiring ownership of the Borden canned milk brands (Eagle Brand, Magnolia, Milnot, PET).

Contents

Eagle Family Foods' product line include condensed and evaporated milk, popcorn, french fries, sweet onion sticks, and pasta dishes.

History

Gail Borden introduced Eagle Brand in 1856 to develop a refrigeration and food preservation system, with its condensed milk as the flagship of the company. Then Borden established his own company, Borden, Inc., one year later. In 1874, Eagle Brand became the first registered trademark in the then-British colony of Hong Kong. In East Asian markets (excluding South Korea), Eagle Brand products are currently produced by Nestlé.

The J.M. Smucker Company bought the canned milk business from Borden in 2007. Eagle Family Foods Group LLC was established after Paul Smucker Wagstaff left The J. M. Smucker Company in 2014 to carry on his own enterprise. Wagstaff partnered with his friend Jeff Boyle to acquire Eagle Brand from The J. M. Smucker Company. Private equity firm Kelso & Company negotiated the transaction and became their investment partner, and Eagle Foods was established in December 2015. [1] [2] [3]

In August 2016, Eagle Foods acquired the popcorn brand G.H. Cretors, derived from the Chicago-based manufacturing company Cretors established in 1885. [1]

On July 5, 2022, Eagle Foods acquired the Hamburger Helper and Suddenly Salad brands from General Mills for $610 million. [4]

Products and brands

Newspaper ad for Eagle Brand milk from 1922, describing how the child was raised on the milk while her father was away in World War One 1922 Eagle Brand newspaper ad.png
Newspaper ad for Eagle Brand milk from 1922, describing how the child was raised on the milk while her father was away in World War One

Facilities

Closed facilities These facilities produced Eagle Brand products under Borden Milk:

See also

Related Research Articles

<span class="mw-page-title-main">Popcorn</span> Type of corn kernel which expands and puffs up on heating

Popcorn is a variety of corn kernel which expands and puffs up when heated; the same names also refer to the foodstuff produced by the expansion.

<span class="mw-page-title-main">Condensed milk</span> Milk from which water has been removed and sugar added

Condensed milk is cow's milk from which water has been removed. It is most often found with sugar added, in the form of sweetened condensed milk, to the extent that the terms "condensed milk" and "sweetened condensed milk" are often used interchangeably today. Sweetened condensed milk is a very thick, sweet product, which when canned can last for years without refrigeration if not opened. The product is used in numerous dessert dishes in many countries.

<span class="mw-page-title-main">The J.M. Smucker Company</span> American food and beverage manufacturer

The J.M. Smucker Company, also known as Smuckers, is an American manufacturer of food and beverage products. Headquartered in Orrville, Ohio, the company was founded in 1897 as a maker of apple butter. J.M. Smucker currently has three major business units: consumer foods, pet foods, and coffee. Its flagship brand, Smucker's, produces fruit preserves, peanut butter, syrups, frozen crustless sandwiches, and ice cream toppings.

<span class="mw-page-title-main">Evaporated milk</span> Unsweetened milk product derived from cows milk

Evaporated milk, known in some countries as "unsweetened condensed milk", is a shelf-stable canned cow’s milk product for which approximately 60% of the water has been removed from fresh milk. It differs from sweetened condensed milk, which contains added sugar and requires less processing to preserve, as the added sugar inhibits bacterial growth. The production process involves the evaporation of 60% of the water from the milk, followed by homogenization, canning and heat sterilization.

Granny Goose is an American brand of potato chips and other snack foods.

<span class="mw-page-title-main">Hamburger Helper</span> Packaged food product with ground beef

Hamburger Helper is a packaged food product manufactured by Eagle Foods. As boxed, it consists of a dried carbohydrate, with powdered seasonings contained in a packet. The consumer is meant to combine the contents of the box with browned ground beef ("hamburger"), water, and, with some varieties, milk to create a complete one-dish meal.

<span class="mw-page-title-main">Carnation (brand)</span> Brand of evaporated milk and other products

Carnation is a brand of food products. The brand was especially known for its evaporated milk product created in 1899, then called Carnation Sterilized Cream and later called Carnation Evaporated Milk. The brand has since been used for other related products including milk-flavoring mixes, flavored beverages, flavor syrups, hot cocoa mixes, instant breakfasts, corn flakes, ice cream novelties, and dog food. Nestlé acquired the Carnation Company in 1985.

<span class="mw-page-title-main">Popcorn maker</span> Type of food preparation device

A popcorn maker is a machine used to pop popcorn. Since ancient times, popcorn has been a popular snack food, produced through the explosive expansion of kernels of heated corn (maize). Commercial large-scale popcorn machines were invented by Charles Cretors in the late 19th century. Many types of small-scale home methods for popping corn also exist.

<span class="mw-page-title-main">Borden (company)</span> Disbanded American producer of food products

Borden, Inc., was an American producer of food and beverage products, consumer products, and industrial products. At one time, the company was the largest U.S. producer of dairy and pasta products. Its food division, Borden Foods, was based in Columbus, Ohio, and focused primarily on pasta and pasta sauces, bakery products, snacks, processed cheese, jams and jellies, and ice cream. It was best known for its Borden Ice Cream, Meadow Gold milk, Creamette pasta, and Borden Condensed Milk brands. Its consumer products and industrial segment marketed wallpaper, adhesives, plastics and resins. By 1993, sales of food products accounted for 67 percent of its revenue. It was also known for its Elmer's and Krazy Glue brands.

Eagle Snacks is a brand name for snack food originally introduced by the Anheuser-Busch company in 1979. Eagle Snacks is not to be confused with Eagle Brand, a trademark used by Borden to market its sweetened condensed milk and dessert lines, now owned by The J.M. Smucker Co.

<span class="mw-page-title-main">Wise Foods</span> American snack foods producer

Wise Foods, Inc. is a company based in Berwick, Pennsylvania, that makes snacks and sells them through retail food outlets in 15 eastern seaboard states, as well as Vermont, Ohio, West Virginia, Kentucky, Tennessee, and Washington, D.C. Best known for its several varieties of potato chips, Wise also offers Cheez Doodles, bagged popcorn, tortilla chips, pork rinds, onion rings, Dipsy Doodle chips, nachos, Quinlan brand pretzels, and French onion dips.

<span class="mw-page-title-main">Pet, Inc.</span> Former American branded foods company

Pet, Inc. was an American company that was the first to commercially produce evaporated milk as a shelf-stable consumer product with its "PET Milk" brand. While evaporated milk was popular before refrigerators were common in homes, sales peaked in the 1950s and it is now a niche product used in baking and as a cooking ingredient.

<span class="mw-page-title-main">Campbell Soup Company</span> American food manufacturer

The Campbell Soup Company, doing business as Campbell's, is an American company, most closely associated with its flagship canned soup products; however through mergers and acquisitions, it has grown to become one of the largest processed food companies in the United States with a wide variety of products under its flagship Campbell's brand as well as other brands including Pepperidge Farm, Snyder's of Hanover, V8, and Swanson. With its namesake brand Campbell's produces soups and other canned foods, baked goods, beverages, and snacks. It is headquartered in Camden, New Jersey.

<span class="mw-page-title-main">TreeHouse Foods</span> American food company

TreeHouse Foods Inc. is a multinational food processing company specializing in producing private label packaged foods headquartered in Oak Brook, Illinois. Created in 2005 and consisting entirely of acquisitions, in 2010 the company had sales of $2 billion and employed over 4,000 people at 20 facilities. Food Processing magazine named TreeHouse Foods their 2010 Processor of the Year, calling them "the biggest company you never heard of". In 2015, the company was the 37th-largest food and beverage company in North America. In 2018, TreeHouse Foods was ranked No. 446 on the Fortune 500 list. In 2020, it dropped to No. 552 into the Fortune 1000 list.

Popcorn, Indiana is an American brand of popcorn that was introduced in 2002. The brand is headquartered in Westport, Connecticut and Indianapolis, Indiana - 72 miles north of the community that gave it its name: Popcorn, Indiana.

Frito-Lay Canada, Inc., formerly the Hostess Frito-Lay Company, is a Canadian division of the U.S.-based Frito-Lay owned as a subsidiary of PepsiCo that manufactures, markets and sells corn chips, potato chips and other snack foods. The primary snack food brands produced under the Frito-Lay name include Fritos corn chips, Cheetos cheese-flavored snacks, Doritos and Tostitos tortilla chips, Lay's and Ruffles potato chips, Smartfood flavored popcorn and Rold Gold pretzels. The company is headquartered in Mississauga, Ontario and has four production plants in Cambridge, Ontario; Lévis, Quebec; Kentville, Nova Scotia; and Taber/Lethbridge, Alberta.

References

  1. 1 2 Eagle Foods acquires snack brands on Food Navigator, 16 Jul 2017
  2. About us on Eagle Foods
  3. Eagle Foods on Kelso & Company
  4. "General Mills Completes Sale Of Helper And Suddenly Salad Businesses". Business Wire. July 5, 2022. Retrieved June 14, 2023.