Imperial Frozen Foods, a portfolio company of Kenex, has acquired 100% of the assets of Greystone Foods. Greystone is a Birmingham, AL based manufacturer of branded and private label frozen (IQF) vegetables. Greystone manufactures 30 ...
Tags: Frozen Foods, Greystone Foods
US-based packaging firm Sonoco has completed its purchase of flexible and forming plastic packaging films manufacturer Clear Lam Packaging for about $170m. Clear Lam Packaging, which was established in 1969, operates manufacturing plants ...
Tags: Sonoco, Lam Packaging
Chinese paper and pulp company Anhui Shanying Paper Industry has agreed to acquire Swedish firm Nordic Paper from Special Situation Venture Partner lll and Petek. Special Situation Venture Partner lll and Petek, each hold 60% and 40% ...
Tags: Nordic Paper, Anhui Shanying Paper
Sun Capital Partners' affiliate has closed the sale of Creekstone Farms Premium Beef to an unnamed supplier of premium USDA-certified beef and pork products. Terms of the private transaction were not disclosed. The choice of food lovers ...
Tags: Sun Capital, Beef
US-based spice manufacturer McCormick & Company has agreed to acquire the food division of British consumer goods firm Reckitt Benckiser (RB) for $4.2bn to strengthen its flavor and condiments portfolio. The acquisition of RB Foods ...
Tags: consumer goods, RB 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
Multi-Color Corporation has agreed to acquire Constantia Flexibles’ labels division for around €1.15bn ($1.3bn). Once the deal concludes, Constantia Flexibles will have 16.6% stake in Multi-Color and two representatives will ...
Tags: Flexibles labels, beverage
US Foods has agreed to acquire broadline distributors, The Thompson Company, Braunger Foods and Variety Foods, owned and operated by Toba. Toba entered food distribution in 1995 with the purchase of The Thompson Company in Grand Island, ...
Chinese manufacturing company Truking Group has completed the acquisition of a majority shareholding in Germany-based Romaco. The sale, which was announcved in May, gives Truking a 75% stake in Romaco. Former owner, provate equity fund ...
Tags: Truking
Sonoma Creamery has secured a $10m equity investment from Svoboda Capital Fund IV (SC). Specific terms of the transaction were not disclosed. Founded in 1931, the Company is a Sonoma, California-based manufacturer and marketer of ...
Tags: Svoboda, Sonoma Creamery
Teasdale Latin Foods, which is majority owned by private equity firm Snow Phipps Group, has acquired Rudy's Tortillas, a provider of high quality tortillas and chips into the foodservice channel. Founded in 1945 and based in Carrollton, ...
Tags: Teasdale Latin Foods, foodservice
Schweiter Technologies AG has come to an agreement with the Swiss Rieter Group on the sale of all shares in the SSM Textile Machinery division and has executed the transaction simultaneously. SSM Textile Machinery (www.ssm.ch) is a ...
Tags: Schweiter, Textile Machinery
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
Henkel has completed the acquisitions of Darex Packaging Technologies business and the Sonderhoff Group Darex is based in Cambridge, MA, USA and supplies high-performance sealants and coatings for the metal packaging industry around the ...
Lumileds of San Jose, CA, USA – which develops, manufactures and distributes LED technology and lighting products for the automotive, mobile, Internet of Things (IoT) and illumination segments – says that funds affiliated with ...
Tags: Lumileds, LED technology