JBS USA has agreed to acquire Plumrose USA, the bacon and deli-meats business of Denmark's Danish Crown, for $230m. The acquisition is in line with JBS' plans to diversify its product portfolio and expansion of prepared foods and branded ...
Tags: deli-meats, bacon
US chip giant Intel has agreed to acquire Israeli driverless technology company Mobileye in a deal worth about $15.3bn. Intel has agreed to pay about $63.54 per share under the deal, which is expected to close by the end of this year. ...
US Foods has agreed to acquire Birmingham, Alabama-based SRA Foods, a meat processor and distributor having yearly sales of around $80m. Family owned since 1940, SRA started out as a butcher shop in Birmingham. Today, SRA Foods occupies a ...
Italian confectionery giant Ferrero International has agreed to acquire US-based Fannie May Confections Brands from 1-800-Flowers.com for $115m in cash. The deal also includes Fannie May's subsidiaries Fannie May Confections and London ...
American food giant Conagra Brands has agreed to acquire Thanasi Foods, which makes Duke's meat snacks and BIGS seeds. The financial terms of the transaction were not disclosed by the parties. Based in Colorado, Thanasi Foods is a small ...
Tags: Seed Snack, Meat
British-Dutch multinational company Unilever is reportedly planning to divest certain food brands from its consumer goods portfolio for £6bn. Flora margarine spread and Stork butter brands are among the brands that are likely to be ...
Tags: Unilever, food brands
Oregon-based hand-crafted spirits company Eastside Distilling has acquired MotherLode Craft Distillery, a bottling services provider. Since its founding in 2014 by Allen Barteld, the mission of MotherLode has been to enable craft ...
Tags: MotherLode, Craft Spirits
Harbour Group subsidiary, Lindstrom has acquired Hodell-Natco Industries’ packaged fastener and master distribution business. Terms of the transaction were not disclosed. Hodell-Natco is a leading distributor of fasteners and ...
Tags: transaction, Lindstrom, fasteners
Bonduelle has agreed to acquire Ready Pac Foods, the US producer of convenience fresh meal solutions, salads and fresh cut produce. The transaction is expected to close by the end of March 2017 following routine regulatory reviews and ...
Tags: Bonduelle, Ready Pac Foods
Glanbia Co-op has proposed to create a strategic joint venture named Glanbia Ireland encompassing Glanbia Ingredients Ireland, Consumer Products & Agribusiness. Glanbia Co-op also proposes a €100m “spin-out” of Glanbia ...
Tags: Glanbia, Premier Milk
Cenveo has reported financial results for the fourth quarter and full year ended 31 December 2016. The reported results for all periods presented exclude the operating results of the Company's packaging operating segment and its top-sheet ...
CCL Industries, a world leader in specialty label and packaging solutions for global corporations, government institutions, small businesses and consumers, reported record fourth quarter and annual financial results for 2016. Sales for ...
Tags: CCL Industries, specialty label, packaging
British-Dutch multinational consumer goods firm Unilever has rejected American food giant Kraft Heinz’s merger proposal worth $143bn. It is not yet sure whether Kraft Heinz will be looking to approach another target following its ...
Ardian has divested its stake in Germany-based food company frostkrone for an undisclosed sum to Emeram Capital Partners. frostkrone, which was established in 1997, manufactures frozen finger food and snack products in Europe. The ...
Tags: Ardian, snack products
Swedish confectionery and nuts firm Cloetta has agreed to acquire Candyking, a concept supplier of pick and mix candy in the Nordic countries and the UK. The acquisition strengthens Cloetta’s position within pick and mix and creates ...