Unilever has signed an agreement to divest its North America pasta sauces business under the Ragu and Bertolli brands to Mizkan Group for nearly $2.15bn. The annual turnover for Ragu and Bertolli brands is more than $600m. The sale ...
Tags: Bertolli Pasta, Unilever
United Natural Foods has signed an agreement to acquire all of the stock of Tony’s Fine Foods, a distributor of perishable food products, for nearly $195.3m. Founded in 1934, Tony's primarily sells its products to retail and ...
Norilsk Nickel is to sell its Avalon and Cawse nickel assets in western Australia to Wingstar Investments, the Russian producer said Wednesday. "The assets encompass the Avalon (formerly Bulong) nickel laterite deposit and processing ...
Tags: nickel, Norilsk Nickel
American food company Hillshire Brands has signed a deal to acquire all the outstanding shares of packaged foods firm Pinnacle Foods for $6.6bn. Under the terms of the deal, each share of Pinnacle Foods common stock will be exchanged ...
Tags: Pinnacle Foods, Hillshire Brands
Snyder's-Lance, a US-based salty snack maker, has agreed to buy Baptista's Bakery, a producer of baked snack foods and 'better for you' snacks. As part of the agreement, Snyder's-Lance will acquire 100% stake in Baptista's Bakery, and its ...
Tags: Snack Foods, Baptista's Bakery
R.G. Barry Corporation, the parent of Dearfoams, signed a merger agreement pursuant to which Mill Road Capital, a private equity firm, will acquire all of the outstanding shares of R.G. Barry for $19.00 per share in cash, reflecting an ...
Tags: Sporting Goods, Recreation
Analog semiconductor maker Skyworks Solutions Inc of Woburn, MA, USA has announced the creation of a joint venture with Japan's Panasonic Corp, one of the world's largest electronic product manufacturers, to design, develop and deliver ...
Tags: semiconductor, Electrical, Electronics, Filters
Zimmer Holdings announced Thursday that it will acquire Biomet in a $13.5 billion transaction that will provide it with a leading position in the $45 billion musculoskeletal industry. The merger between the two Warsaw, IN–based ...
TreeHouse Foods is set to acquire Protenergy Natural Foods from Whitecastle Investments, Whitecap Venture Partners and others, for around CAD$170m ($150m) Protenergy produces food and beverage products such as carton and recart broth, ...
Tags: Agriculture, Food
B&G Foods, Inc. today announced financial results for the first quarter of 2014. David L. Wenner, President and Chief Executive Officer of B&G Foods, stated, "Our very strong cash flow performance in the face of base business volume ...
Tags: B&G Foods, EBITDA guidance
KPS Capital Partners, through its newly formed subsidiary, has signed an agreement with Ardagh to acquire Anchor Glass Container and its affiliates. KPS partner Jay Bernstein said Anchor Glass is positioned well to supply the expanding ...
The common stock of healthcare and medical device giant Johnson & Johnson (JNJ) soared to recent highs following the company's announcement of first quarter results that beat analysts' estimates. The company's robust performance was ...
Tags: Health, Medicine, medical device
Flint Group is a leading global supplier of inks and other print consumables such as flexographic printing plates, blankets, image transfer products and chemicals for press rooms, to the packaging and the print media industries. The ...
Indian steelmaker JSW Steel has announced that it has acquired a 26 percent stake in Punjab-based Vallabh Tinplate Pvt Ltd (VTPL), fulfilling the customary closing conditions and third party consents. As SteelOrbis previously reported, in ...
Tags: Steel, Metallurgy, Mineral
B&G Foods, a US-based manufacturer of branded shelf-stable foods, has signed a deal to acquire Specialty Brands of America from American Capital and certain individuals for $155m in cash. Specialty Brands of America is a packaged food ...
Tags: B&G Foods, Specialty Brands, Evercore Group