US-based food company Hormel Foods has entered into an agreement to sell Diamond Crystal Brands (DCB) to a partner of private equity firm Peak Rock Capital for an undisclosed sum. DCB, which was founded in 1980, manufactures and ...
General Mills has agreed to sell its Argentina bakery and foodservice business to a Mexico-based baking company Grupo Bimbo for undisclosed sum. However, General Mills will retain its growing retail food business in Argentina, including ...
Tags: General Mills, Grupo Bimbo, Acquisition
US-based flexible and rigid packaging solutions provider Bemis has agreed to acquire medical device packaging operations and related value-added services from SteriPack Group for an undisclosed sum. As part of the transaction, Bemis will ...
Tags: Bemis, Acquisition, Medical device packaging, SterPack Group
Monogram Foods has acquired Massachusetts-based Progressive Gourmet, a manufacturer of frozen appetizers for an undisclosed sum. The acquisition will bring additional processing capacities and distribution for small bites foods, baked ...
Tags: Monogram Foods, Acquisition, Progressive Gourmet, Frozen appetizers
Anheuser-Busch has entered into an agreement to acquire Virginia-based craft brewery Devils Backbone Brewing for an undisclosed sum. Devils Backbone will join Anheuser-Busch's craft breweries portfolio within the company's business ...
US-based private equity firm Castanea Partners has invested undisclosed sum in Jeni's Splendid Ice Creams, a retailer and wholesaler of branded artisanal ice creams. This investment makes Castanea Partners, the sole outside investor in ...
Tags: Castanea Partners, Investment, Jeni's Splendid Ice Creams, Ice cream
Plant-based ingredients provider Naturex has divested its stake in the joint venture with Aker Biomarine which was created to krill extract production. As part of the agreement, Aker BioMarine will pay Naturex an undisclosed sum ...
Tags: Naturex, Aker Biomarine, Ingredients provider, Extract production
Private investment firm Clearlake Capital Group has completed the acquisition of snacks company That’s How We Roll (THWR) for an undisclosed sum. The acquisition of the Mrs. Thinsters and Dippin' Chips brands owner was completed ...
Tags: Clearlake Capital, Aquisition, Snacks, THWR
Private equity firm Fireman Capital Partners-owned Oscar Blues has acquired Florida-based Cigar City Brewing for an undisclosed sum. The transaction is expected to be completed within the next three months. Cigar City will continue ...
Tags: Fireman Capital Partners, Oscar Blues, Cigar City, Aquisition
Private equity firm Quad-C Management has invested undisclosed sum in rigid container and life sciences packaging distributor Inmark Packaging. Under the terms of the deal, which is structured as an owner-operator recapitalization, ...
Tags: Inmark Packaging, Quad-C
Technology solutions provider JBT has acquired certain assets of advanced X-ray food inspection systems provider Novus X-Ray for an undisclosed sum. Following the acquisition Novus X-ray technology will be integrated into JBT's Protein ...
Tags: Novus X-Ray, JBT
Food solutions provider CTI Foods has completed the acquisition of pizza toppings manufacturer Liguria Foods for an undisclosed sum. Liguria Foods produces salami, pepperoni, and other protein pizza toppings for pizzerias and sandwich ...
Tags: CTI Foods, Pizza, Liguria Foods
Glendale Foods Limited, the Salford based food manufacturing business, has undergone a partial shareholder buyout for an undisclosed sum, leaving full control to management as the company enters the next stage of development. Paul ...
Tags: Glendale Foods, vegetables
Fonterra has sold its Australian yoghurt and dairy dessert business to Parmalat Australia for an undisclosed sum. The sale includes Fonterra’s manufacturing facilities in the Tamar Valley (near Launceston) in Tasmania and at Echuca ...
Tags: Fonterra, yoghurt, dairy dessert, Food
British carton board packaging firm Glossop Cartons has acquired Contact Print and Packaging for an undisclosed sum. Founded in 1992, Contact Print and Packaging employs 54 people at the Stockport site, which boasts three purpose-built ...
Tags: Glossop Cartons, Contact Print, Packaging