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
Canada-based Brick Brewing has completed a brand licensing agreement for the rights to the Chudleigh's brand for cider. The agreement is for an initial ten-year term, with provision for further extensions. “This is an exciting ...
Tags: Brick Brewing, cider
Scottish spirits company Edrington has taken full ownership of its Americas Travel Retail operations after agreeing to buy out its joint venture (JV) partner for an undisclosed amount. The former JV, Edrington Webb Travel Retail Americas ...
Tags: whisky
Conagra Brands (CAG) has signed an agreement to divest its Wesson oil brand to the J.M. Smucker (JMS). The transaction is subject to customary closing conditions, including the receipt of any applicable regulatory approvals. The ...
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Pegasus Food Futures has finalized plans for a new facility in Abu Dhabi. The organisation is aimed at providing solutions to global food supply challenges through operations and innovations in livestock, feed stock and food production. ...
Tags: Pegasus Food, food
Sealed Air has announced financial results for first quarter 2017, as well as outlook for the complete year. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “2017 is a transformational ...
Tags: Sealed Air, Packaging
Novelis, the world leader in aluminum rolling and recycling, has reported record results for the fourth quarter and fiscal year 2017 with significant year-over-year increases in Adjusted EBITDA, net income, free cash flow and automotive ...
Tags: Novelis, automotive
Kohlberg & Company, a leading private equity firm specializing in middle-market investing, has announced that it has closed the acquisition of Pexco and successfully merged the business with PPC Industries, Inc. (“PPC”), a ...
Tags: Kohlberg, PPC Industries
Pegasus Agriculture Group will launch a new organisation, dubbed Pegasus Food Futures, at the upcoming Indoor Ag-Con to provide solutions to global food supply challenges through operations and innovations in livestock, feed stock and food ...
Libbey, one of the largest glass tableware manufacturers in the world, has reported results for the first quarter ended 31 March 2017 Net sales $173.0 million, down 5.4 percent versus prior year, or down 3.3 percent in constant currency ...
Tags: glass tableware, tableware
ICSH Parent, the parent company of Industrial Container Services, has announced that it has been acquired by funds advised by Centerbridge Partners, a leading private investment firm. Prior to this transaction, ICS was owned by affiliates ...
Clearwater Paper Corporation has reported financial results for the first quarter of 2017. The company reported net sales of $437.5 million for the first quarter of 2017, essentially flat with net sales of $437.2 million for the first ...
Tags: Clearwater Paper, natural gas
Sonoco, one of the largest diversified global packaging companies, has reported financial results for its first quarter, ending 2 April 2017. First Quarter Highlights First quarter 2017 GAAP earnings per diluted share were $0.53, ...
Barbequed meats manufacturer Rupari Food Services has agreed to divest almost all of its assets to a subsidiary of Carl Buddig and Company. The sale of the company is a natural next step for Rupari Food Services, who had been seeking a ...
Tags: Rupari Food, meats
Spirits-marketer Castle Brands has acquired an additional 20.1% stake in Gosling-Castle Partners, a global export venture with the Gosling family. GCP holds the exclusive long-term export and distribution rights for Goslings Rum and ...
Tags: Castle Brands, Ginger Beer