About Schwans
Schwans is a company based in Marshall (United States) founded in 1952 by Marvin Schwan was acquired by CJ CheilJedang in November 2018.. The company has 7,162 employees as of December 31, 2020. Schwans has completed 4 acquisitions, including Better Baked Foods, Drayton Foods and Edwards Desserts.
- Headquarter Marshall, United States
- Employees 7162 as on 31 Dec, 2020
- Founders Marvin Schwan
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
7162
as on Dec 31, 2020
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Investments & Acquisitions
Better Baked Foods
& 3 more
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Acquired by
CJ CheilJedang
(Nov 15, 2018)
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Sales and Marketing
32 people
Software Development Team
18 people
Leadership Team
17 people
Human Resources and Administration
14 people
Senior Team
10 people
Finance and Accounting
9 people
Product Management Team
4 people
Data Analysis and Operations Team
3 people
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Funding Insights of Schwans
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Schwans
Schwans has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CJ CheilJedang. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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CJ CheilJedang is engaged in food and bio industries.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Schwans
Schwans has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Better Baked Foods, Drayton Foods and Edwards Desserts. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Pizza dough is manufactured and branded by Drayton Foods.
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1995 | ||||
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Company was established in 1979 in Sidney, United States.
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1979 | ||||
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High-quality, nutritious frozen and baked food products are supplied.
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1964 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Schwans
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Schwans Comparisons
Competitors of Schwans
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Schwans
When was Schwans founded?
Schwans was founded in 1952.
Where is Schwans located?
Schwans is headquartered in Marshall, United States.
How many employees does Schwans have?
As of Dec 31, 2020, the latest employee count at Schwans is 7,162.
What does Schwans do?
Schwans Company was founded in 1952 by Marvin Schwan in Marshall, Minnesota, United States. Operations focus on the food industry, where frozen products are produced and delivered directly to consumers and businesses. Services include manufacturing, packaging, and nationwide distribution through a network of facilities. The company maintains a headquarters in Marshall, serving markets primarily within the U.S.
How many acquisitions has Schwans made?
Schwans has made 4 acquisitions, including Better Baked Foods, Drayton Foods, and Edwards Desserts.
Who are Schwans's investors?
Schwans has 1 investor. Key investors include CJ CheilJedang.