M&A
confidence high
sentiment positive
materiality 0.65
AMCON DISTRIBUTING CO (DIT): M&A transaction — AMCON acquires Henry's Foods for $329M revenue business; financials filed
AMCON DISTRIBUTING CO
- Acquired Henry's Foods wholesale distribution assets closed Feb 3, 2023.
- HFI Entities had net sales of $329.1M (FY ended Jan 2023) and $306.4M (FY 2022).
- Net income $3.9M in FY2023 vs $6.7M in FY2022; total assets $40.0M at Jan 2023.
- Audited combined financials and unaudited pro forma filed in this 8-K/A amendment.