snack business articles & resources on Made-in-China.com

Inventure Foods to Sell Frozen Foods Division to Oregon Potato

Sep 18, 2017

Inventure Foods has agreed to divest its frozen business unit to Oregon Potato Company (OPC) for $50m as part of its ongoing strategic and financial review. Under the terms of the definitive asset purchase agreement, the Arizona-based ...

Tags: Inventure Foods, Frozen Foods

Kinh Do Sells off Remaining 20% Stake to Mondelez

Aug 30, 2016

Mondelez International has bought the remaining 20% stake in Vietnamese food company Kinh Do’s snack unit for VND 2tn ($90m) as part of its expansion strategy in emerging markets. In November 2014, Mondelez had agreed to buy 80% of ...

Tags: Mondelez, Kinh Do

Raisio Sells UK Snack Bar Business to Nimbus

Jul 16, 2016

Finland-based food company Raisio has signed an agreement to sell UK snack bar business, Halo Foods, to Dutch investor Nimbus. Halo Foods, a manufacturer of its partners’ branded products, became part of Raisio through the Glisten ...

Tags: Raisio, Snack Bar

Raisio Begins UK Cereal and Snack Business Restructure

Dec 15, 2015

Finland-based food company Raisio is in the process of streamlining its UK cereal and snack business in order to focus on manufacturing more consumer-oriented product range. In this regard, the company has completed consultation ...

Tags: Raisio, cereal, snack

Foreign Confectionary Companies Facing Stiff Competition From Major Domestic Players

Jul 23, 2015

Sales will continue to grow as major companies roll out new products with long-lasting flavors in a highly competitive market Wallace Chung looked as if he had just stepped off a movie set. Dressed in an electric blue jacket with matching ...

Tags: Chewing Gum, chewing gum market

Mondelez Acquires Kinh Do in Order to Strengthen Its Presence in Emerging Markets

Nov 18, 2014

Mondelez International has agreed to acquire 80% stake in Vietnam-based Kinh Do's snack business for $370m, in order to strengthen its presence in emerging markets. The transaction includes the acquisition of Kinh Do's two production ...

Tags: snack business, Agriculture

Kp Snacks,Intersnack UK Are Set to Establish a New Nut Processing&Packing Facility in UK

Dec 3, 2013

KP Snacks and Intersnack UK are set to establish a new £16m nut processing and packing facility in Rotherham, Yorkshire. The new facility is expected to produce all of the nuts volume required by the combined entity in the future. ...

Tags: Nut Processing, Snacks

B&G Foods Acquired US-Based Snack Food Manufacturer Robert's American Gourmet Food

Jun 13, 2013

B&G Foods has agreed to acquire US-based snack food manufacturer Robert's American Gourmet Food from private equity firm VMG Partners and other parties in an all-cash deal of $195m. The acquisition is part of B&G Foods' strategy to ...

Tags: Food, B&G Foods

German Snack Firm Intersnack Is Set to Merge Its UK Business with UB Snacks Division

Mar 27, 2013

German snack firm Intersnack is set to merge its UK business with United Biscuits' (UB) snacks division, KP Snacks, in 2014. In December 2012, Intersnack acquired KP Snacks from United Biscuits for approximately $600m as part of its ...

Tags: Intersnack, snack firm, snack

Tyson Foods Has Acquired Local Tortilla

Feb 19, 2013

US meat giant Tyson Foods has acquired local tortilla, salty snack and pretzel maker Don Julio Foods. The deal expands Tyson's presence in the retail channel. Tyson is the second-largest tortilla maker in the US, although the majority of ...

Tags: meat giant, Tyson Foods, Don Julio Foods

M&A Activity Rebounded in The Food Sector This Year

Dec 20, 2012

There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. Data for the whole of 2012 has not yet been published ...

Tags: European M&A advisors, food sector, Food

Arca Continental Has Agreed to Acquire Two Snack Food Firms

Dec 20, 2012

Mexican soft-drink bottler Arca Continental has agreed to acquire two snack food firms –US-based Wise Foods and Ecuador-based Alimenticias Ecuatorianas, for an undisclosed amount. Arca Continental will acquire Wise Foods from ...

Tags: soft-drink bottle, Arca, Snack Food Firms

Arca Buys US Firm Wise and Ecuador's Inalesca

Dec 20, 2012

Arca buys US firm Wise and Ecuador's Inalesca Mexican firm already owns domestic snacks business Arca also number two Coke bottler in Latin America Mexican food and drink group Arca Continental has bolstered its snacks business with ...

Tags: Snack, Agriculture Food, Wise Foods

Intersnack Has Reached a Deal to Acquire The Snack Unit of United Biscuits for a Sum

Dec 11, 2012

Intersnack has reached a deal to acquire the snack unit of United Biscuits for an undisclosed sum. The privately-held German snack group will take control of KP Snacks, the UK's second-largest snack business with an annual turnover of ...

Tags: undisclosed sum, snack group, KP Snacks

Intersnack Agrees to Acquire UK-Based United Biscuits' Snacks Division

Dec 11, 2012

German snack firm Intersnack has agreed to acquire UK-based United Biscuits' (UB) snacks division, KP Snacks, from its private equity owners Blackstone and PAI Partners. This move is a part of the Intersnack's strategy to strengthen its ...

Tags: Intersnack, snack, snack business, food industry

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