Middle-market private investment company Highlander Partners has acquired Gimbal Brothers, a manufacturer of gummy vitamins and gourmet jelly beans. Highlander Partners has also formed Bettera Brands to pursue confection and snack ...
Tags: gummy vitamins, beans
Real Good Food announced that it has acquired an 84.33% stake in Brighter Foods for total consideration of up to £9m, on a cash and debt free basis. The two companies announced a new partnership to build on the success for the Wales ...
Tags: Real Good Food, snack bar
German private equity firm, Deutsche Beteiligungs (DBAG) is looking to have a major presence in the European chilled convenience product market after agreeing to acquire Abbelen and Oscar Mayer through its top-up fund, DBAG Fund VII. ...
Tags: ready meals, snacks
Pernod Ricard has completed the sale of Domecq brandies and wines to Bodega Las Copas, a joint venture between Emperador Group and González Byass, for €81m. The sale includes Pernod Ricard’s portfolio of brandies ...
Tags: Pernod Ricard, Wines
Halewood Wines & Spirits has acquired a stake in the City of London Distillery for an undisclosed amount. The deal allows the City of London Distillery to reap the benefits of Halewood’s marketing and promotional activities. The ...
Danone has agreed to divest one of its US dairy subsidiaries, Stonyfield, to secure approval from US antitrust authorities for its $10bn acquisition of soy-milk maker WhiteWave Foods. The French dairy giant has reached an agreement in ...
Coca-Cola and several of its bottlers in Latin America have acquired the AdeS soy-based beverage business from Unilever. The transaction was first announced on 1 June 2016. Founded in 1988 in Argentina, AdeS was the first major ...
Land O'Lakes has acquired Vermont Creamery, a creamery and artisanal cheese and butter-maker in Websterville, Vermont, US. Vermont Creamery Co-Founders Bob Reese and Allison Hooper and Land O'Lakes, Inc. President and CEO Chris Policinski ...
Tags: Land O'Lakes, artisanal cheese, butter
Japanese beer maker Asahi Group said it will take on EUR7.4bn in bank loans to finance its purchase of SABMiller's former Central & Eastern European beer assets. Asahi said its board agreed to the loan, from Japan's Sumitomo Mitsui and ...
Tags: beer, Asahi Group
Archer Daniels Midland Company (ADM) has secured exclusivity in relation to the proposed acquisition of Chamtor, a France-based manufacturer of wheat-based sweeteners and starches. Pierre Duprat, president, ADM Europe, Middle East and ...
Tags: wheat, sweeteners
Lait Kaiser and Cult Yogourt have agreed to acquire Chagnon Dairy, an independent creamery and milk brand based in Quebec, Canada. Chagnon has been processing and selling milk, butter, ice cream and other dairy products for 62 years and ...
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. ...
UAE-based Amira Nature Foods has acquired a portfolio of packaged specialty rice brands from Euro Basmati in Germany for an undisclosed price. The acquired brands include Al Amir, Al Hakim, Bano, Dalia, Hanna and Shah Pari which have ...
Tags: Amira Nature Foods, rice
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 ...