{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-249180","form_type":"8-K","ticker":"JBSS","cik":"0000880117","company_name":"SANFILIPPO JOHN B & SON INC","filed_at":"2023-10-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.224959+00:00","generated_at":"2026-06-10T06:42:47.329566+00:00","sec_items":["1.01","2.01","2.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"John B. Sanfilippo completes $61.3M acquisition of TreeHouse Foods snack bar business","bullets":["Purchased snack bar assets from TreeHouse Foods for ~$61.3M cash, including $37.3M of inventory.","Acquisition funded by increased credit facility to $150M (from $117.5M); maturity extended to Sept 2028.","Approximately 400 employees of Lakeville, MN facility join JBSS; CEO calls it largest, most transformational acquisition.","Annual dividend capacity raised to $100M subject to availability tests under the amended credit agreement.","Company now offers private label customers a complete snack bar offering, accelerating product diversification."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-249180","json":"https://secwatch.observer/filing/0001193125-23-249180.json","markdown":"https://secwatch.observer/filing/0001193125-23-249180.md","text":"https://secwatch.observer/filing/0001193125-23-249180.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/880117/000119312523249180/0001193125-23-249180-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/880117/000119312523249180/d551842d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T06:42:47.329566+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"49d4509b4938fb06aaf1ac3ef050cc02d95a98cb","claim":"SANFILIPPO JOHN B & SON INC amended revolving credit of maximum amount increased to $150 million from $117.5 million with Wells Fargo Capital Finance, LLC at not specified maturing extended to September 29, 2028.","evidence_excerpt":"Credit Agreement ”). Pursuant to the terms of the Second Amendment: • the maximum amount available for the Company to borrow under the revolving credit facility was increased to $150 million from $117.5 million; • the maturity date of the Credit Agreement was extended to September 29, 2028; • the Company may pay up to $100 million in dividends per year, subject to","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/880117/000119312523249180/0001193125-23-249180-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"maximum amount increased to $150 million from $117.5 million"},{"label":"Counterparty","value":"Wells Fargo Capital Finance, LLC"},{"label":"Rate","value":"not specified"},{"label":"Maturity","value":"extended to September 29, 2028"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"f8668e56186cfc8851faae134e9502c6df17a02d","claim":"SANFILIPPO JOHN B & SON INC completed an acquisition involving TreeHouse Foods, Inc., Bay Valley Foods, LLC and TreeHouse Private Brands, Inc. for approximately $61 million in cash (closed 2023-09-29).","evidence_excerpt":"On September 29, 2023, the Company closed on the acquisition of the Snack Bar Business for a total of approximately $61 million in cash, subject to certain adjustments.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/880117/000119312523249180/0001193125-23-249180-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"TreeHouse Foods, Inc., Bay Valley Foods, LLC and TreeHouse Private Brands, Inc."},{"label":"Consideration","value":"approximately $61 million in cash"},{"label":"Closing","value":"2023-09-29"}],"fact_type":"ma_transaction"},{"claim_id":"23d567587715f0ba25910120bba44b289aa2fba5","claim":"SANFILIPPO JOHN B & SON INC entered into Second Amendment to Amended and Restated Credit Agreement with Wells Fargo Capital Finance, LLC valued at Revolving credit facility increased to $150 million, maturity extended to September 29, 2028, divide (effective 2023-09-29).","evidence_excerpt":"On September 29, 2023, John B. Sanfilippo & Son, Inc. (the “ Company ”) entered into the Second Amendment to Amended and Restated Credit Agreement (the “ Second Amendment ”) by and among the Company, Wells Fargo Capital Finance, LLC, as administrative agent (the “ Agent ”), and the lenders party thereto (the “ Lenders ”), which amends the Amended and Restated Credit Agreement dated as of March 5, 2020 by and among the Company, the Agent and the Lenders (as amended, the “ Credit Agreement ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/880117/000119312523249180/0001193125-23-249180-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Wells Fargo Capital Finance, LLC"},{"label":"Value","value":"Revolving credit facility increased to $150 million, maturity extended to September 29, 2028, divide"},{"label":"Effective","value":"2023-09-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}