Hormel Foods has agreed to sell its whole-bird turkey business to Life-Science Innovations, with the deal expected to close by the end of fiscal Q2 2026. The company said the move supports its strategy to reduce exposure to commodity-driven operations and expand value-added proteins.
The Marzetti Company has agreed to acquire Bachan’s, a Japanese barbecue sauce brand, in a $400 million transaction. The move underscores growing demand for authentic global flavors and clean-label formulations across retail and foodservice.
Creations Foods USA Inc. and Get Real Foods LLC, dba REAL Cookies, completed a strategic merger to form a vertically integrated CPG platform dedicated to healthier snacking across North America. The combination brings together scalable manufacturing capabilities with award-winning cookie brands built around simple ingredients and indulgent taste.
Smithfield Foods has agreed to acquire Nathan’s Famous in a $102-per-share cash deal valued at approximately $450 million. The move gives Smithfield permanent ownership of the brand it has licensed since 2014, unlocking new retail and foodservice growth.
Laird Superfood entered an agreement to acquire Navitas for $38.5 million in cash, pending shareholder approval and expected to close in early 2026. The acquisition is designed to broaden Laird’s product lineup while creating supply chain, sourcing and distribution synergies.
ICL has signed a definitive agreement to acquire Bartek Ingredients, a global supplier of food-grade malic and fumaric acid used across food, beverage and personal care applications. The phased transaction positions ICL to expand capacity and capitalize on a functional ingredients market projected to top $45 billion by 2030.
Anheuser-Busch plans to acquire 85% of BeatBox in a deal valued at up to $490 million, with an option for full ownership after five years. The bold, fruit-forward RTD brand will expand A-B’s Beyond Beer lineup pending regulatory approval and an expected 2026 closing.
Mars has secured all required approvals for its acquisition of Kellanova, positioning the companies to close the deal next week. The combined snacking business is expected to generate about $36 billion in annual revenue across nine billion-dollar brands.
Hershey has officially acquired LesserEvil, adding a fast-growing organic snack brand known for bold flavors and clean ingredients. The move strengthens Hershey’s better-for-you lineup and supports continued growth across its expanding salty snacks portfolio.