Campbell Soup has agreed to acquire organic food manufacturer Pacific Foods of Oregon for $700m in an all cash deal to expand its footprint in the rapidly growing health and well-being categories. Based in Tualatin, Oregon, Pacific Foods ...
Tags: Campbell Soup, organic food
Inventure Foods has agreed to divest Fresh Frozen Foods to The Pictsweet Company for nearly $23.7m in an all-cash deal. The strategic sale by Inventure Foods was announced during an ongoing company review process aimed at improving ...
Tags: Inventure Foods, Frozen Foods
French dairy giant Danone has entered into an agreement to acquire WhiteWave Foods in an all-cash deal worth $12.5bn. The acquisition is expected to double the size of Danone's business in the US, while helping the company to move towards ...
Tags: WhiteWave Foods, Danone, beverage categories
Spice manufacturer McCormick & Company has acquired Australia-based packaged herbs manufacturer Botanical Food Company in an all-cash deal worth $114m. The acquisition will expand McCormick's existing branded herb portfolio with the ...
Glass container manufacturer Owens-Illinois (O-I) is buying Mexican company Vitro's food and beverage glass container business for around $2.15bn, to gain a competitive position in the Mexican glass packaging market. O-I will acquire ...
Tags: Owens-Illinois, Glass Container, Packaging
TRW Automotive has agreed to sell its linkage and suspension business to THK for $400m in an all-cash deal. The linkage and suspension business generates revenues of $550m. Subject to customary conditions including regulatory approvals, ...
Tags: TRW Automotive, Linkage
Indian restaurant search service provider Zomato has acquired US-based food portal Urbanspoon for $52m in an all-cash deal and intends to raise approximately $100m through a fresh funding in a month in order to fuel growth. This purchase ...
Tags: food portal, Indian restaurant, Food
US-based Tyson Foods has submitted an offer to acquire packaged foods company Hillshire Brands in an all-cash deal of $6.8bn. Tyson's offer of $50.00 per share in cash is expected to provide Hillshire shareholders with an immediate ...
Tags: Tyson Foods, prepared foods
Food and beverage company WhiteWave Foods has bought Earthbound Farm in a $600m all-cash deal. Earthbound Farm is an organic produce brand in North America. It produces and markets organic fresh fruits and vegetables, frozen fruits and ...
Tags: WhiteWave Foods, Organic Food
Israel-based flavor and fragrance company Frutarom has acquired Hagelin, a US-based flavor company, in a $52.4m all-cash deal, as part of its strategy to reinforce its presence in the US and in the emerging markets of Latin America and ...
Tags: Frutarom, Flavor Firm
Food and beverage company WhiteWave Foods is set to acquire Earthbound Farm from its shareholders and owners in an all-cash deal of $600m. Earthbound Farm is an organic produce brand in North America. It produces and markets organic fresh ...
Tags: WhiteWave Foods, Organic Food
Towers Watson, a US-based risk and financial management firm, has completed the sale of its reinsurance brokerage business to Jardine Lloyd Thompson (JLT) in an all-cash deal of $250m. The Towers Watson brokerage operations will be merged ...
Canadian retail conglomerate Hudson's Bay Company has added another feather to its cap, successfully completing its previously announced acquisition of U.S. retail icon Saks Inc., the owners of department store Saks Fifth Avenue. HBC paid ...
Tags: Furniture, Furnishing
TreeHouse Foods has acquired a North American manufacturer of private label foods Associated Brands from TorQuest Partners and other shareholders in a C$187m ($180m) all cash deal. Based in Mississauga, Ontario, Associated Brands operates ...
Shuanghui International has acquired a US pork processor Smithfield Foods in an all-cash deal valued at $7.1bn, which includes the assumption of net debt. The deal received approval from Smithfield's shareholders at a special meeting held ...
Tags: Shuanghui International, pork