SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of Report (Date of earliest event reported): April 18, 2011
J
& J SNACK FOODS CORP.
(Exact
name of registrant as specified in its charter)
New Jersey |
0-14616 |
22-1935537 |
||
(State or Other Jurisdiction of Organization) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
6000 Central Highway, Pennsauken, NJ 08109 |
(Address of principal executive offices) (Zip Code) |
Registrant’s
telephone number, including area code: (856) 665-9533
N/A
(Former
name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01. OTHER EVENTS
On April 18, 2011, the Company issued a press release announcing that it has entered into an agreement to acquire the frozen handheld business of ConAgra Foods.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
Exhibit Number | Description of Document |
99.1 | Press Release dated April 18, 2011 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
J & J SNACK FOODS CORP. |
|||
|
|||
|
|
By: |
/s/ Gerald B. Shreiber |
|
|||
Gerald B. Shreiber |
|||
President |
|||
|
|||
/s/ Dennis G. Moore |
|||
|
|||
Dennis G. Moore |
|||
|
|
Chief Financial Officer |
|
Date: April 18, 2011 |
EXHIBIT INDEX
Exhibit Number | Description |
99.1 |
Press Release dated April 18, 2011 |
4
Exhibit 99.1
J & J Snack Foods Corp. Announces Planned Acquisition of Frozen Handheld Business from ConAgra Foods
PENNSAUKEN, N.J.--(BUSINESS WIRE)--April 18, 2011--J & J Snack Foods Corp. (NASDAQ-JJSF) announced today that it has entered into an agreement to acquire the frozen handheld business of ConAgra Foods for an undisclosed price. The business sells dough enrobed products sold under the PATIO, HAND FULLS, HOLLY RIDGE BAKERY, VILLA TALIANO, TOP PICKS and private label brands with manufacturing facilities in Holly Ridge, North Carolina and Weston, Oregon.
The Company said that it does not expect the acquired business to contribute operating income to the Company over the short term. The business is presently generating sales at an annual rate of approximately $50 million. Closing of the transaction is expected to be in May 2011.
Gerald B. Shreiber, President and Chief Executive Officer of J & J Snack Foods Corp., commented, “We are excited about this opportunity. This is a fine line of products that will expand our portfolio of brands to existing and new venues.”
J & J Snack Foods Corp.’s principal products include SUPERPRETZEL, PRETZEL FILLERS and other soft pretzels, ICEE, SLUSH PUPPIE and ARCTIC BLAST frozen beverages, LUIGI’S, MAMA TISH’S, SHAPE UPS, MINUTE MAID* and BARQ’S** frozen juice bars and ices, WHOLE FRUIT sorbet and frozen fruit bars, MARY B’S biscuits and dumplings, DADDY RAY’S fig and fruit bars, TIO PEPE’S and CALIFORNIA CHURROS churros, THE FUNNEL CAKE FACTORY funnel cakes, and MRS. GOODCOOKIE, CAMDEN CREEK, COUNTRY HOME and READI-BAKE cookies. J & J has manufacturing facilities in Pennsauken, Bridgeport and Bellmawr, New Jersey; Scranton, Hatfield and Chambersburg, Pennsylvania; Carrollton, Texas; Atlanta, Georgia; Moscow Mills, Missouri; Pensacola, Florida and Colton, Vernon and Norwalk, California.
*MINUTE MAID is a registered trademark of The Coca-Cola Company.
**BARQ’S is a registered trademark of Barq’s Inc.
CONTACT:
J & J Snack Foods Corp.
Dennis G. Moore
Senior
Vice President
Chief Financial Officer
(856) 532-6603