Chilean fruit producer Hortifrut has agreed to take over the blueberry business of Talsa for $160m. In addition to the cash payment, Talsa will get a stake of 17.13% in the merged company alongside a result-based reward. Talsa, a ...
US global private equity firm, The Riverside Company, has agreed to acquire Texas-based food ingredients company Parker Products for an undisclosed price. Parker Products serves the baking, dairy, beverage, confectionery, RTE and snack, ...
Tags: Riverside, Food Ingredients, Parker Products
BASF has agreed to divest its paper coating dispersions business in Pischelsdorf of Austria to Synthomer for around €30m. Synthomer Austria will acquire BASF production site in Pischelsdorf, which produces styrene butadiene rubber ...
Tags: Paper Coating Dispersions, BASF
Hong Kong-based pork supplying giant WH Group said that its subsidiary Smithfield Foods will acquire 100% stake of two Romanian packaged meats manufacturers Elit and Vericom for an undisclosed price. The acquisition will further expand ...
Tags: Smithfield Foods, Packaged Meats
American grocery store chain Albertsons Companies will buy meal kit startup Plated for an undisclosed price, in a move to attract more customers to its stores. The acquisition of the New York City based food tech company, founded in 2012, ...
Tags: food tech
Infineon Technologies AG of Munich, Germany has signed a definitive agreement for the newly founded private company Neptune 6 Ltd to acquire its subsidiary manufacturing site IR Newport Ltd in Newport, Wales, UK. The deal is expected to ...
Post Holdings has agreed to acquire Ohio-based sausage maker Bob Evans Farms for nearly $1.5bn to strengthen its position in refrigerated retail and food-service channels. The acquisition, which will see the American packaged foods ...
Tags: Post Holdings, Sausage
DS Smith Plastics is set to open a new rigid packaging manufacturing facility in Romeoville, Illinois, US. The company intends to start production at the new rigid packaging facility in the last quarter of this year. DS Smith will use ...
Tags: Smith Plastics, Rigid Packaging
The Ontario Government is helping pork processor Conestoga Meat Packers to expand local production and bring 170 new jobs to Waterloo Region. The government is investing up to C$5.3m ($4.35m) as part of its C$2.7bn ($2.2bn) Jobs and ...
Tags: pork processor, Meat
Chicken producer Pilgrim's Pride has agreed to acquire JBS’ British poultry unit Moy Park for $1.3bn to expand its portfolio of prepared foods. By adding Moy Park’s operations in the UK and Continental Europe, Pilgrim's Pride ...
Tags: poultry meat, prepared foods
Canada-based Agropur Cooperative has signed an agreement with Agrifoods to acquire Ultima Foods. Ultima Foods was a 50-50 joint venture by two of Canada’s leading cooperatives; Agrifoods and Agropur. With more than 40 years of ...
Tags: Ultima Foods, Agropur
NAPCO has agreed to purchase the assets of Vulcan Information Packaging (including Binders.com), a subsidiary of EBSCO Industries, for an undisclosed sum. Post acquisition, Vulcan Information Packaging will function as NAPCO’s ...
Private equity firm Levine Leichtman Capital Partners (LLCP) has collaborated with management to purchase FlexXray, a provider of x-ray inspection services focused exclusively on food safety. FlexXray assists Fortune 100 food ...
Tags: FlexXray, food safety
Investment holding firm Long4Life has agreed to acquire South-Africa based contract packaging firm Inhle Beverages for around R360m ($27.2m). Based in Heidelberg of Gauteng, Inhle is specialized in the canning and bottling of carbonated ...
Packaging Corporation of America (PCA) has agreed to purchase all assets of Sacramento Container and acquire 100% membership interests of Northern Sheets and Central California Sheets for $265m. As per the agreement, PCA will take over ...
Tags: Packaging, Sacramento Container