date:Jun 13, 2013
ition of Robert's American Gourmet Food marks the second addition to the company's snack foods portfolio since it entered the category in October 2012.
Consistent with our acquisition strategy, we expect the acquisition to be immediately accretive to our earnings per share and free cash flow, Wenner added.
Following the acquisition, Pirate Brands is expected to generate revenues of $80m to $90m and adjusted EBITDA of $18m to $20m per annum after the business is fully integrated into BG Foods.