Australia’s Nutrano Produce Group has entered into an agreement to acquire Seven Fields and Abbotsleigh Group businesses to strengthen its position in the fresh produce sector. However, the financial details of the transaction were ...
Tags: Fruit Producers, Nutrano Produce
Tyson Foods has acquired a 5% stake in Beyond Meat, a Los Angeles-based producer of plant-based meat substitutes. The investment was provided via a fundraising initiative by Beyond Meat. It will provide additional capital to help the ...
Tags: Tyson Foods, stake, Beyond Meat
Private equity firm Grey Mountain Partners has acquired Mediterranean food maker and distributor Kronos Foods. Financial details about the acquisition have not been disclosed. Based in Glendale Heights, Illinois, Kronos sells gryo meat, ...
Private equity investment firm Paine & Partners has entered into an agreement to acquire food safety and food quality solutions platform Global ID Group. However, financial details of the transaction were not disclosed. Headquartered in ...
Tags: Paine&Partners, Global ID, food safety
Florida-based Blue Harvest Fisheries has acquired the scallop business and processing facility of High Liner Foods in New Bedford, Massachusetts. However, the financial details of the transaction were not disclosed. Blue Harvest expects ...
Tags: Blue Harvest Fisheries, High Liner Foods, scallop business
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
Archer Daniels Midland Company (ADM) has acquired the remaining 60% stake in Brazilian natural extracts manufacturer Amazon Flavors. The financial details of the transaction have not been disclosed. ADM's WILD Flavors and Specialty ...
Tags: Amazon Flavors, natural extracts
Canadian yeast and bacteria specialist Lallemand has acquired surface and ripening cultures business from DSM Food Specialties for an undisclosed sum. The surface and ripening cultures businesses will be integrated into Lallemand's ...
Tags: Lallemand, Ripening Cultures
Jack Link’s Protein Snacks has acquired meat snacks unit of Grass Run Farms, which produces grass-fed beef snacks and fresh meat products. The deal also includes trademark and distribution rights for Grass Run Farms beef snacks. ...
Tags: Jack Link, Snacks, Grass Run Farms
General Motors announced that it is acquiring Cruise Automation, a startup company that makes self-driving kits for certain types of cars. With this deal, General Motors will add Cruise Automation's software talent and rapid ...
RPM International Inc. has announced that its Mantrose-Haeuser Co subsidiary, which is within the RPM Specialty Products Group, has purchased US-based Holton Food Products Company, a US-based supplier of food stabilizers and dry egg white ...
Tags: Food Products, dry egg
Swiss dairy processing company Emmi is to purchase 60% stake in Dutch goat cheese maker Bettinehoeve in order to bolster its growth prospects in the fresh goat‘s milk and cheese segments. Following the completion of transaction, ...
Tags: goat milk products, cheeses
U.S.-based General Electric has won a contract to supply turbines to the Wudongde hydropower plant located in southwest China. The company will provide six turbine-generator sets and related equipment, accounting for half of the project's ...
Tags: GE, China Hydropower
Swedish telecom equipment maker Ericsson has signed a patent license agreement with Apple. Financial details have not been revealed. Meanwhile, Ericsson has estimated that its overall revenues from intellectual property rights this year ...
Tags: Ericsson, Apple, patent license