CenterOak Partners announced that it has completed a majority investment in Wetzel’s Pretzels, the second largest owner and franchisor of soft pretzel stores. Financial terms of the transaction were not disclosed. Headquartered in ...
US snacks firm Amplify Snack Brands has completed the acquisition of UK-based potato crisps producer Tyrrells from private equity firm Investcorp. The completion resulted in Tyrrells becoming a wholly-owned subsidiary of Amplify. For ...
Tags: Amplify Snack Brands, acquisition, Tyrrells
US-based Yum! Brands has entered into an agreement with Primavera Capital and Ant Financial Services to invest a total of $460m in Yum China. While Primavera Capital is a China-based global private equity firm, Ant Financial is an online ...
Sweden-based vegetable oils and fats producer AAK has announced the completion of the acquisition of California Oils (CalOils). In July, AAK announced that it was acquiring CalOils, which is based in Richmond, California, from ...
Tags: AAK, CalOils, acquisition
Dunapack Packaging, a unit of Austrian Prinzhorn Group, has signed an agreement to acquire corrugated business of packaging producer Camis Ambalaj Sanayi in Turkey. Financial terms of the deal were undisclosed. Camis Ambalaj Sanayi ...
Tags: Dunapack Packaging, agreement, Camis Ambalaj
Nippon Paper Industries has completed the acquisition of Weyerhaeuser’s liquid packaging board business for $285m. Under the deal, which was first announced in June, Nippon acquired Weyerhaeuser’s mill situated in Longview of ...
Tags: Nippon, Weyerhaeuser, acquisition
Packaging Corporation of America (PCA) has acquired all the assets of independent corrugated products provider TimBar for $386m. TimBar provides solutions to customers in the higher margin retail, industrial packaging, and display and ...
Corby Spirit and Wine has agreed to acquire the spirit assets of Domaine Pinnacle for C$12m ($9.2m). The transaction, which is expected to complete by the end of this month, includes Domaines Pinnacle's spirits portfolio of Canadian ...
Tags: Corby Spirit and Wine, Domaine Pinnacle, spirit assets
Cereal maker Post Holdings’ subsidiary Michael Foods has entered into an agreement to acquire National Pasteurized Eggs (NPE) for undisclosed sum. NPE offers pasteurized shell eggs under the Davidson’s Safest Choice brand and ...
Tags: Michael Foods, Post Holdings, NPE
US-based snack maker Snyder's-Lance has announced that its subsidiary Kettle Foods will acquire the remaining 74% stake in Metcalfe's skinny. However, the financial details of the transaction were not disclosed. In January, Kettle Foods ...
British grocery chain Tesco has announced that it will offload its Euphorium bakery chain to refocus on core supermarket business. The move is in line with a strategy initiated by its chief executive Dave Lewis to revive the ...
Tags: Tesco, Euphorium bakery chain
Chinese pork production company WH Group revealed that CDH Investments, one of its major investors, is planning to sell 10.61% stake in the company worth about HK$9.25bn($1.19bn). CDH is planning to offload a total of 1.55 billion shares ...
Tags: WH Group, CDH Investments
COFCO has reached an agreement to acquire the remaining minority stake in Nidera Capital to gain full ownership of the company. The minority stake has been bought by COFCO International from Cygne to gain 100% ownership in Nidera. The ...
CTI Industries, a manufacturer and marketer of flexible packaging and storage products, laminated films and novelty balloons, announced its results of operations for the second quarter and first six months of 2016. For the second quarter ...
Tags: CTI Industries, results
Pentair acquired the Valves & Controls business in 2012 through an all-stock merger with the Flow Control business of Tyco International Ltd. Randall Hogan, Pentair chairman and CEO, said: “We expect this transaction to provide ...
Tags: Pentair, Emerson, Valves&Controls business