The acquisition includes Harris Tea’s manufacturing facilities in Moorestown, NJ and Marietta, GA TreeHouse Foods announced that it has signed a definitive agreement to acquire certain subsidiaries that operate the private brand tea business of Harris Freeman & Co, Inc., a leading private brand tea manufacturer in the U.S., for[Read More…]
Mergers & Acquisition
Carlsberg completes acquisition of remaining shares in Carlsberg South Asia
The total purchase price for the acquired shareholdings in CSAPL and GBPL amounts to $ 744 million, of which approximately $ 50 million will be settled through a set-off Carlsberg has completed its acquisition of the remaining 33.33 per cent shareholding in Carlsberg South Asia Pte Ltd (CSAPL) from CSAPL[Read More…]
Paine Schwartz acquires Promix nutrition and supplements brand
This strategic acquisition of Promix aligns with Paine Schwartz’s Health and Wellness core investment theme Paine Schwartz Partners, a global leader in sustainable food chain investing, announced that Paine Schwartz Food Chain Fund VI has successfully acquired Promix LLC, a high-growth brand of high-quality protein mixes, nutritional supplements, vitamins, and[Read More…]
Valante Capital, through Ascend Fund II, acquires stake in American Foods
IDC Network’s Private Equity vertical establishes a strategic partnership with a leading US consumer goods distributor, expanding its reach to over 25 countries Valante Capital, the Private Equity arm of IDC Network—a multi-platform asset manager with $2.2 billion in assets under management announced the acquisition of a significant stake in American Foods,[Read More…]
BRF acquires processed foods plant in China
The new production unit is scheduled to begin operations under BRF management in the first quarter of 2025 BRF, one of the largest food companies in the world and owner of Sadia, Perdigão and Qualy brands, announces the acquisition of a modern processed foods plant in Henan province, China. The[Read More…]
PepsiCo to acquire full ownership of Sabra and Obela
Enables PepsiCo to accelerate innovation in refrigerated fresh dips and spreads to meet growing consumer demand PepsiCo announced its agreement to acquire the remaining 50 per cent interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela) and become the sole owner of these companies, which[Read More…]
Circus SE to extend AI-solutions with acquisition of Campo Group
This planned acquisition aims to further extend Circus’s AI and automation capabilities by fully integrating the Campo technology into Circus’s AI-based operating system Circus, a leading technology company in AI and autonomous robotics for the food service sector, announces the signing of a term sheet for the acquisition of Campo[Read More…]
Arnott’s Group acquires New Zealand’s three food brands
The newly acquired brands are well-known in New Zealand’s nutritional snack market, providing a variety of products such as muesli bars, baked slices, nuts, and snack mixes The Arnott’s Group announced it acquired three well-known New Zealand brands—Mother Earth, Flemings, and VP—from food manufacturer Prolife Foods Limited. The newly acquired[Read More…]
Arla Foods acquires Volac Whey Nutrition business
The acquisition gives Arla Foods Ingredients a significant additional quantity of whey, helping it meet a growing market need Arla Foods Ingredients is moving forward with its acquisition of Volac’s Whey Nutrition business after it was approved by the UK’s Competition and Markets Authority. The regulator’s go-ahead followed an agreement[Read More…]
Refresco acquires Frías, enhancing plant-based beverage portfolio
This acquisition complements Refresco’s existing operations in Spain and significantly expands its capabilities in the plant-based drinks sector Refresco, the global independent beverage solutions provider for retailers and global, national, and emerging (GNE) brands in Europe, North America, and Australia, announces the successful closing of its acquisition of Frías Nutrición[Read More…]