US-based food manufacturer Hormel Foods has entered into a definitive agreement to acquire Justin’s, a nut butter-based snacking brand for $286m. Justin's four nut butter-based snack lines include spreads, squeeze packs, peanut ...
Tags: Snacking Brand, Hormel Foods
California-based cheese manufacturing company Cowgirl Creamery has been sold to Swiss dairy company Emmi for an undisclosed sum. Cowgirl Creamery co-founder Sue Conley was quoted by pressdemocrat.com as saying: "We have merged our company ...
United Natural Foods has completed its previously announced acquisition of all of the outstanding equity interests of Haddon House Food Products and certain affiliated entities as well as certain real estate on financial terms previously ...
Archer Daniels Midland Company (ADM) has acquired the remaining 60% stake in Brazilian natural extracts manufacturer Amazon Flavors. The financial details of the transaction have not been disclosed. ADM's WILD Flavors and Specialty ...
Tags: Amazon Flavors, natural extracts
Performance Food Group Company has launched a secondary public offering of its common stock. Certain stockholders of PFG are offering for sale to the public 12 million shares of PFG’s common stock owned by them. The Selling ...
Tags: Common Stock, PFG shares
Sol Voltaics AB of Lund, Sweden, which provides nanomaterial technology for enhancing solar panels and other products, has raised $17m in a Series C round of equity investment and grant funding, led by new investor Riyadh Valley Company ...
Tags: Solar Cell, solar panels
Associated British Foods (ABF) is reportedly contemplating the sale of its unprofitable sugar business in China to remain focused on its sugar operations in Europe and Africa. For this purpose, the food company has invited bids for five ...
Tags: Unprofitable Sugar, Sugar
Marketing technology company Primary Opinion has acquired 48% stake in Australian food company Maggi Beer Products for $15m. The stake sale comes after the food producer Maggi Beer cancelled its plans to issue a public offer. Of the ...
Tags: Primary Opinion, Maggi Beer
Petainer UK Holdings has completed the transaction with KKR Credit for a €100m debt and equity investment. The funding from KKR Credit is being used to refinance the Company's capital structure and also finance the implementation of ...
Tags: KKR Credit, Petainer
Canadian yeast and bacteria specialist Lallemand has acquired surface and ripening cultures business from DSM Food Specialties for an undisclosed sum. The surface and ripening cultures businesses will be integrated into Lallemand's ...
Tags: Lallemand, Ripening Cultures
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 ...
Magna International has agreed to acquire Telemotive, an engineering service provider for automotive electronics. Subject to regulatory approval, the transaction is expected to close in the second quarter of 2016. Once complete, ...
Tags: Magna, Telemotive
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
White Wolf Capital LLC acquired Stag Arms LLC. Details of the transaction were not disclosed. Managing Director of White Wolf, Elie Azar, said, "We are very excited to add Stag to our portfolio of outstanding companies in the firearms ...
Tags: White Wolf, Stag Arms, Acquisition