Schwans

Marshall, United States Founded: 1952 • Age: 74 yrs Acquired By CJ CheilJedang
Frozen foods are manufactured and distributed across the United States.
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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
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    7162

    as on Dec 31, 2020

  • Investments & Acquisitions
  • Acquired by
    CJ CheilJedang

    (Nov 15, 2018)

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People of Schwans
Headcount 10000+
Employee Profiles 124
Employee Profiles
People
Stacey Fowler Meittunen
SVP, Product Innovation & Development
People
Yvette Anderson
Food Safety Quality Supervisor
People
Scott Xi
SVP & General Counsel
People
Tony Puri
EVP, SFC Global Supply Chain

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Funding Insights of Schwans

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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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.

All
Institutional
Investor Description Founded Year Domain Location
CJ CheilJedang is engaged in food and bio industries.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Pizza dough is manufactured and branded by Drayton Foods.
1995
Company was established in 1979 in Sidney, United States.
1979
High-quality, nutritious frozen and baked food products are supplied.
1964
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Schwans

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Schwans Comparisons

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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.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Schwans

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.

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