According to the latest research conducted by business and financial advisory firm Grant Thornton UK, after a strong first quarter deal activity in the food and beverage sector has declined this quarter, due to market uncertainty in the ...
French dairy giant The Bel Group has agreed to engage in exclusive negotiations to acquire a majority stake in fruit snacks and dessert maker MOM Group. Owned by a private equity LBO France, the MOM Group has significant presence in the ...
Hain Daniels, a subsidiary of US-based Hain Celestial group, has announced that it will shut down a fruit packaging plant in Luton, UK, following a review of its facilities. The company, which makes Hartley’s and Robertson’s ...
Tags: Fruit Packaging, fruit
Specialty vegetable and legume seed producer Suba Seeds, owned by a private equity firm Paine & Partners, has acquired Brotherton Seed. However, financial terms of the transaction were not disclosed. Established in 1936, Brotherton Seed ...
Tags: Suba Seeds, Brotherton Seed
US-based private equity firm KKR has committed to invest INR520 crore in India’s dairy company Kwality to support is growth plans. Kwality will utilise the funds for capital expenditure purposes to further strengthen its milk ...
Tags: INR520 Crore, private equity
South African paper and packaging company Mondi Group has agreed to acquire ZAO Uralplastic-N (Uralplastic). The deal has been signed with Joint Stock Company Rusnano and a private investor to acquire Uralplastic, for undisclosed amount. ...
Tags: Consumer Packaging, Packaging
EpiGaN nv of Hasselt, near Antwerp, Belgium, which supplies commercial-grade 150mm- and 200mm-diameter gallium nitride on silicon (GaN-on-Si) epitaxial wafers, says that on 7 June it received official notification from the International ...
Chicago-based private equity firm Geneva Glen Capital (GGC) has acquired Dianne’s Fine Desserts from Superior Capital Partners for undisclosed sum. Chicago-based private equity firm Geneva Glen Capital (GGC) has acquired Dianne's ...
Tags: GGC, Dianne's Fine Desserts
Global investment firm KKR is set to buy 10.4% stake in Indonesia-based agri-food company Japfa for $81.2m. As part of the deal, Japfa will place 750 million new shares to KKR via a private placement at about $52.9m. Concurrent with the ...
Tags: Japfa group, agri-food
Valeo has agreed to acquire German clutch and and gear actuators maker FTE automotive from Bain Capital Private Equity for €819.3m. Subject to the approval of the European and Brazilian anti-trust authorities, the transaction is ...
Tags: Valeo, FTE Automotive
Flexible liquid packaging solutions provider Liqui-Box has signed an agreement to acquire both the engineering and flexible operations of South Africa-based Maverick for undisclosed amount. Liqui-Box is a portfolio company of private ...
Tags: Liqui-Box, Flexible Operations
Australian food manufacturing firm Patties Foods has accepted a $232m acquisition bid made by a private equity firm. Earlier this week, the company said it was approached by Pacific Equity Partners (PEP) with a takeover offer of $1.65 per ...
Owens Corning (OC) has acquired InterWrap, a British Columbia based manufacturer of roofing underlayment and packaging materials, for $450m. InterWrap, through its facilities in the US, Canada, India and China, produces synthetic roofing ...
Tags: Owens Corning, InterWrap
Sprout Nutrition and CROSSMARK have entered into a new nationwide partnership to bring organic whole foods to babies, toddlers and all family members. The "win-win" partnership gives Sprout expanded category presence and broad access to ...
Tags: Sprout Organic, CROSSMARK
Private investment firm City Capital Ventures has acquired Illinois-based Cookie Specialties (CSI) or Matt’s Cookies, for an undisclosed sum. Matt's Cookies was founded in 1972 by Grant Pierce and operated as a family owned business ...