Eagle Brand

Eagle Family Foods Group LLC
Company type	LLC
Industry	Food
Founded	December 2015; 8 years ago
Headquarters	Cleveland, Ohio, United States
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).

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

Condensed milk: Eagle Brand, Magnolia
Evaporated milk: Magnolia, Milnot, PET
Popcorn: Cretors, Monster Pop!, Popcorn, Indiana
French fries: Fry Masters
Snack: Skinny Sticks
Pasta dishes: Helper, Suddenly Salad

Facilities

El Paso, Texas – evaporated and condensed milk
Seneca, Missouri – evaporated and condensed milk

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

Ingersoll, Ontario – Ingersoll Dairy originally supplied Borden's Eagle Brand Condensed Milk
Toronto, Ontario – supplied Borden's Eagle Brand Condensed Milk in Ontario
Montreal, Quebec – supplied Borden's Eagle Brand Condensed Milk in Canada
Chester, South Carolina – supplied Cremora and Cremora Royale worldwide (except South Africa)

References

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

External links

Official website

[navig-1] Eagle Foods acquires snack brands on Food Navigator, 16 Jul 2017

[about-2] About us on Eagle Foods

[kelso-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.

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