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Home » acquisitions

Articles Tagged with ''acquisitions''

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Utz Brands To Acquire Vitner’s Snack Food Brand

The move expands Utz’s position in Chicago and the Midwest
January 11, 2021
Utz Brands, Inc., a manufacturer of branded salty snacks, announced that its subsidiary Utz Quality Foods, LLC has entered into a definitive agreement with Snak-King Corp. to acquire certain assets related to the Vitner’s brand, a brand of snack foods in the Chicago metropolitan market, for a total purchase price of $25 million, subject to customary purchase price adjustments.
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Mondelēz International Acquires Hu, a Well-being Snacking Company

The Hu brand has become a category leader in premium chocolate in the United States, and one of the fastest-growing confectionery brands in the natural channel
January 5, 2021
Mondelēz International announced it has acquired Hu (as in “Human”) Master Holdings, the parent company of Hu Products, a fast-growing US-based snacking company offering high-quality snacks made from simple ingredients.
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McCormick Acquires FONA International

McCormick accelerates flavor growth and strengthens its leadership in clean and natural flavors
January 4, 2021
McCormick & Company Inc., a global leader in flavor, announced that it has purchased 100% of the shares of FONA International, LLC and certain of its affiliates, a privately held company. FONA is a leading manufacturer of clean and natural flavors providing solutions for a diverse customer base across various applications for the food, beverage and nutritional markets.
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Whole Earth Brands, Inc. to Acquire Wholesome Sweeteners

The initial purchase price for the transaction is $180 million in cash
December 18, 2020
Whole Earth Brands, Inc., a global food company enabling healthier lifestyles by providing access to premium plant-based sweeteners, flavor enhancers and other foods through a diverse portfolio of trusted brands and delicious products, announced that it has executed a definitive agreement to acquire all of the issued and outstanding capital stock of WSO Investments, Inc., the holding company for Wholesome Sweeteners Incorporated, an organic sweetener brand in North America.
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Egg Innovations Acquires PECKISH

Move marks mass expansion with an increased focus in brand marketing and innovation
December 18, 2020
Egg Innovations announced the acquisition of innovative, protein-centric fresh snacking brand PECKISH today in an all-stock deal. PECKISH joins the family of brands, which includes recently launched Blue Sky Family Farms eggs, marking mass expansion on the horizon.
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National Flavors Joins with B&D Flavours

B&D Flavours is the third company to become part of the Riverside platform and the first outside the US
December 16, 2020
B&D's solid reputation for quality and service in the Canadian market gives the newly formed match-up complementary capabilities to expand flavor solutions to customers throughout North America.
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Utz Brands Completes Acquisition of On The Border Tortilla Chips

Company announces redemption of public warrants to help fund the transaction
December 15, 2020
Utz Brands, Inc. announced that its subsidiaries Utz Quality Foods, LLC and Heron Holding Corporation have completed the acquisition of Truco Enterprises, a seller of tortilla chips, salsa and queso under the ON THE BORDER® (“OTB”) brand, for a total purchase price of $480 million, subject to a customary post-closing purchase price adjustment.
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Food Industry News

Almark Foods Announces Sale to Post Holdings, Inc.

The transaction is set to be completed by the first calendar quarter of 2021
December 15, 2020
Almark Foods and Michael Foods, a subsidiary of Post Holdings, Inc., announced that they have entered an agreement for the sale of Almark Foods. The transaction is set to be completed by the first calendar quarter of 2021.
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SimplyProtein_2020

Wellness Natural Unveils New Corporate Strategy

Plant-based snack brand expands product portfolio with launch of Kids Bars in Spring 2021
December 9, 2020
Wellness Natural, Inc., a newly created natural plant-based natural foods company headquartered in Toronto, with operations in both US and Canada, announced its new corporate strategy following the acquisition of SimplyProtein® to continue to propel the nutrition-based snack brand in the US and Canada.
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Brynwood Partners to Acquire Take-And-Bake Pizza Business from ARYZTA North America

Great Kitchens will continue to operate a 165,000 sq. ft. crust manufacturing facility in Chicago Heights, Ill.
December 7, 2020
Brynwood Partners VIII L.P. announced that its newly-formed portfolio company, Great Kitchens Food Company Inc., has acquired ARYZTA North America's take-and-bake pizza business.Terms and conditions of the deal are not being disclosed.
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