A consortium of Ningbo Joyson Electronic (Joyson Electronics) and Asia-based private equity firm PAG have offered funding to Key Safety Systems (KSS) in acquiring the all of the global assets of Japan-based airbag-maker Takata. Takata's ...
US meat processing company Tyson Foods is exploring the sale of TNT Crust, its pizza crust business, as part of its strategic focus on protein. Tyson Foods Prepared Foods group president Sally Grimes said: “We’re focused on ...
Tags: Tyson Foods, Pizza
Mesirow Financial has served as the exclusive financial advisor to Fleetwood-Fibre Packaging & Graphics on its sale to Golden West Packaging Group, a portfolio company of Lindsay Goldberg. Headquartered in City of Industry, CA, Fleetwood ...
Tags: Mesirow Financial, Packaging
HC Private Investments (HCPI), a Chicago-based private investment firm, has acquired Kruger Plastic Products (Kruger), a family-owned, custom injection molding manufacturer of niche products and components. Kruger’s senior ...
Paine Schwartz Partners has completed a strategic investment in Lyons Magnus, a developer and manufacturer of fruit and flavor solutions for the foodservice, healthcare and dairy industries. Financial terms of the transaction were not ...
Tags: packaging
Mars Food has completed the acquisition of Connecticut-based Preferred Brands International, a manufacturer and marketer of all-natural, ready-to-heat Indian and Asian food products sold mainly under the Tasty Bite brand. Preferred Brands ...
Tags: Mars Food, food products
XMS Capital Partners has announced that it served as financial advisor to Veritiv on its acquisition of All American Containers, a family-owned and operated distributor of rigid packaging, including plastic, glass and metal containers, ...
Tags: American Containers, Containers
Otsuka Pharmaceutical has agreed to acquire Canada-based Daiya Foods which specializes in the manufacturing plant-based foods. The acquisition, reported at 405 million Canadian dollars, is expected to help increase Daiya's presence ...
Tags: Otsuka, plant-based foods
Sovos Brands, a new food and beverage firm established by Advent International, has completed its the acquisition of Rao's Specialty Foods. Financial terms were not disclosed. Rao's Specialty Foods is the second acquisition in less than ...
Tags: Specialty Foods, food, beverage
Swedish confectionery and nuts company Cloetta has agreed to divest Cloetta Italy to Katjes International. The sale equals an Enterprise Value (EV) of approximately SEK 450m. The proceeds will generate a positive net cash effect of ...
Tags: Cloetta
Advent International backed Sovos Brands has agreed to acquire Rao's Specialty Foods, the owner of Rao's Homemade pasta sauce made from natural ingredients. The transaction is expected to be completed during the third quarter of this ...
Tags: Sovos Brands, Specialty Foods
ICSH Parent, the parent company of Industrial Container Services, has announced that it has been acquired by funds advised by Centerbridge Partners, a leading private investment firm. Prior to this transaction, ICS was owned by affiliates ...
TreeHouse Foods has agreed to sell its Soup and Infant Feeding (SIF) business to Riverbend Foods, a newly founded portfolio company of Insight Equity. The SIF business is based in Pittsburgh, Pa. and is a leading manufacturer of private ...
Tags: TreeHouse, Infant Feeding
Blackford Capital has made an undisclosed investment in Indiana-based Ellison Bakery, a manufacturer of cookie, snack bar, crunch and inclusion product, and other products for the industrial market, food service industry, and retail and ...
Tags: snack bar, food service
Swedish confectionery and nuts firm Cloetta has agreed to acquire Candyking, a concept supplier of pick and mix candy in the Nordic countries and the UK. The acquisition strengthens Cloetta’s position within pick and mix and creates ...