H.I.G. Capital has divested its portfolio company Albertville Quality Foods to OK Foods, a subsidiary of Industrias Bachoco. Albertville is among the largest independent further processors of protein based products. The Company focuses on ...
Tags: OK Foods, H.I.G.Capital
Otsuka Pharmaceutical has agreed to acquire Canada-based Daiya Foods which specializes in the manufacturing plant-based foods. The acquisition, reported at 405 million Canadian dollars, is expected to help increase Daiya's presence ...
Tags: Otsuka, plant-based foods
Imperial Frozen Foods, a portfolio company of Kenex, has acquired 100% of the assets of Greystone Foods. Greystone is a Birmingham, AL based manufacturer of branded and private label frozen (IQF) vegetables. Greystone manufactures 30 ...
Tags: Frozen Foods, Greystone Foods
US-based packaging firm Sonoco has completed its purchase of flexible and forming plastic packaging films manufacturer Clear Lam Packaging for about $170m. Clear Lam Packaging, which was established in 1969, operates manufacturing plants ...
Tags: Sonoco, Lam Packaging
Sun Capital Partners' affiliate has closed the sale of Creekstone Farms Premium Beef to an unnamed supplier of premium USDA-certified beef and pork products. Terms of the private transaction were not disclosed. The choice of food lovers ...
Tags: Sun Capital, Beef
Sovos Brands, a new food and beverage firm established by Advent International, has completed its the acquisition of Rao's Specialty Foods. Financial terms were not disclosed. Rao's Specialty Foods is the second acquisition in less than ...
Tags: Specialty Foods, food, beverage
Chinese manufacturing company Truking Group has completed the acquisition of a majority shareholding in Germany-based Romaco. The sale, which was announcved in May, gives Truking a 75% stake in Romaco. Former owner, provate equity fund ...
Tags: Truking
Sonoma Creamery has secured a $10m equity investment from Svoboda Capital Fund IV (SC). Specific terms of the transaction were not disclosed. Founded in 1931, the Company is a Sonoma, California-based manufacturer and marketer of ...
Tags: Svoboda, Sonoma Creamery
Teasdale Latin Foods, which is majority owned by private equity firm Snow Phipps Group, has acquired Rudy's Tortillas, a provider of high quality tortillas and chips into the foodservice channel. Founded in 1945 and based in Carrollton, ...
Tags: Teasdale Latin Foods, foodservice
Schweiter Technologies AG has come to an agreement with the Swiss Rieter Group on the sale of all shares in the SSM Textile Machinery division and has executed the transaction simultaneously. SSM Textile Machinery (www.ssm.ch) is a ...
Tags: Schweiter, Textile Machinery
Industrial packaging firm MAUSER Group has celebrated the fifth anniversary of its factory in Gliwice, Poland. Ideally located in the industrial heartland of Upper Silesia, and operated by a strong local management team, the plant offers ...
Tags: Mauser Group, packaging
Swedish company Scandi Standard has agreed to acquire Manor Farm, a chicken processor in Ireland, in a share-cum-cash deal. The deal values Manor Farm at an enterprise value of €94m. Under the deal terms, Scandi Standard will offer ...
Tags: Poultry Processor, processor
Volvo has said that its Polestar performance division is set to become a standalone high-performance electric car brand. Volvo acquired 100% stake in Polestar Performance in July 2015 and both the companies have been working together in ...
Tags: Volvo, electric car
Advent International backed Sovos Brands has agreed to acquire Rao's Specialty Foods, the owner of Rao's Homemade pasta sauce made from natural ingredients. The transaction is expected to be completed during the third quarter of this ...
Tags: Sovos Brands, Specialty Foods
Seaboard Folding Box, a portfolio company of private equity firm Charter Oak Equity, has acquired paperboard specialist Imperial Packaging for an undisclosed price. Based in Pawtucket, Rhode Island, Imperial Packaging manufactures folding ...
Tags: Imperial Packaging, Seaboard