1-800-FLOWERS.COM acquired Scharffen Berger (assets) for ~$3.3 million, a transaction completed in July 2024, structured as Asset purchase of certain assets of Scharffen Berger, a chocolate manufacturing company.
Scharffen Berger (assets) operates in Gourmet Foods & Gift Baskets, is based in United States. On July 1, 2024, 1-800-FLOWERS.COM completed its acquisition of certain assets of Scharffen Berger, a manufacturer of giftable premium chocolate and specialty treats, expanding the company's product offerings in the Gourmet Foods & Gift Baskets segment. The company used cash on its balance sheet to fund the approximately $3.3 million purchase. (Disclosed in the company's Form 10-K.)
Extended the company's premium chocolate and gourmet gift offerings in the Gourmet Foods & Gift Baskets segment.
Operated as the Scharffen Berger brand within the Gourmet Foods & Gift Baskets segment.
Advisory firms were not disclosed for this transaction.