Situation

Nile Spice Foods was a manufacturer and distributor of a line of healthy and flavorful branded “soup-in-a-cup” products that it pioneered. Rapidly growing consumer demand and new entrants into the product category required additional capital and distribution power to maintain Nile Spice’s brand leadership.

ZS Role

Zachary Scott assisted the owners of Nile Spice Foods to evaluate all of their options, culminating in a sale process that attracted the leading companies in the industry.

Results

Following a very competitive bidding process, Quaker Oats acquired the Company in a cash transaction. Zachary Scott organized and managed the process.