---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-231631"
form_type: "8-K"
ticker: "JBSS"
cik: "0000880117"
company_name: "SANFILIPPO JOHN B & SON INC"
filed_at: "2023-09-08T23:59:59+00:00"
generated_at: "2026-06-10T22:26:28.600211+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# John B. Sanfilippo to acquire TreeHouse Foods snack bar assets for ~$63M cash

## Summary
- Purchase price ~$63M cash for Lakeville, MN facility and customer relationships from TreeHouse Foods.
- Acquisition expected to add $105-120M in incremental net sales in remainder of FY2024.
- Expected dilution of $0.80-$1.00 per diluted share for next 12-15 months post-close.
- Transaction expected to close within 30 days; funded via existing credit facility.
- CEO states acquisition accelerates snack bar category strategy and diversifies product offerings.

## SEC filing metadata
- accession: 0001193125-23-231631
- form_type: 8-K
- ticker: JBSS
- cik: 0000880117
- company_name: SANFILIPPO JOHN B & SON INC
- filed_at: 2023-09-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880117/000119312523231631/0001193125-23-231631-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880117/000119312523231631/d492288d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-231631
- JSON: https://secwatch.observer/filing/0001193125-23-231631.json
- Plain text: https://secwatch.observer/filing/0001193125-23-231631.txt

## Key facts
- Material Agreements
  SANFILIPPO JOHN B & SON INC entered into Asset Purchase Agreement with TreeHouse Foods, Inc., Bay Valley Foods, LLC and TreeHouse Private Brands, Inc. valued at $63,000,000 (effective 2023-09-05).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: TreeHouse Foods, Inc., Bay Valley Foods, LLC and TreeHouse Private Brands, Inc.
  - Value: $63,000,000
  - Effective: 2023-09-05
  source text: On September 5, 2023, John B. Sanfilippo & Son, Inc. (the “ Company ”) entered into an asset purchase agreement (the “ APA ”) with TreeHouse Foods, Inc., Bay Valley Foods, LLC and TreeHouse Private Brands, Inc. (collectively, “ Sellers ”). Under the APA, the Company will purchase certain assets related to the Sellers’ snack bar business, which is located in Lakeville, Minnesota (the “ Snack Bar Business ”), for an aggregate cash purchase price of approximately $63 million, subject to certain adjustments (the “ Transaction ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/880117/000119312523231631/0001193125-23-231631-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.