Articles Tagged with ''acquisitions''

Campbell Signs Definitive Agreement for Sale of Garden Fresh Gourmet

Garden Fresh Gourmet is part of the Campbell Fresh division, which also includes Bolthouse Farms
February 27, 2019
Garden Fresh Gourmet is part of the Campbell Fresh division, which also includes Bolthouse Farms. Campbell recently announced the sale of its Everett, Washington, refrigerated soup plant that was also part of Campbell Fresh.
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Food Industry News

Lipari Foods Acquires Troyer Cheese

Troyer, founded in 1959, is a specialty food distributor, manufacturer, and processor
February 22, 2019
Troyer is the second add-on acquisition that Lipari has completed since H.I.G. acquired the company in January 2019 and part of a broader M&A-oriented growth strategy.
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SVPGlobal to Purchase Food Ingredient, Ethanol Businesses from White Energy

The purchase includes two integrated plants in Russell, Kan.
February 21, 2019
“As a long-term investor in White Energy, we are intimately familiar with the Russell facilities, which have a unique competitive position in the food ingredient and renewable energy markets. We believe this business can be improved even further by focusing on Russell as a standalone operation,” said Victor Khosla, SVPGlobal’s founder and chief investment officer.
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Hormel Foods to Sell CytoSport to PepsiCo

The transaction is subject to customary closing conditions, including regulatory approvals
February 20, 2019
"PepsiCo has deep expertise and experience in the sports nutrition category and has been a long-standing distribution partner for CytoSport and the Muscle Milk® brand, which puts them in a strong position to grow this dynamic business," said Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods.
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IFF Acquires The Additive Advantage

The move expands scent, taste and actives delivery capabilities
February 20, 2019
IFF Chairman & CEO Andreas Fibig said, “The acquisition of TAA helps to expand our large portfolio of offerings to customers in a truly unique way – through print technology. With the expertise that this talented group of people brings under our roof, we envision taking delivery systems to a completely new level and ultimately enriching how consumers experience our customers’ products.”
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Glanbia Nutritionals Acquires Watson

Acquisition to expand Glanbia’s portfolio and nutrient premix capabilities
February 20, 2019
Watson is a third-generation family business with an 80-year history of providing exceptional quality, capability and service to its customers. The transaction is highly complementary, strengthening Glanbia’s capability set with microencapsulation, agglomeration, micronizing, spray drying and edible film technologies.   
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FrieslandCampina Finalizes Second Acquisition in the USA

The Dutch Royal FrieslandCampina N.V., a global dairy company, acquires the activities of Best Cheese Corporation USA
February 14, 2019
Roel van Neerbos, President FrieslandCampina Consumer Dairy: “As a part of our transformative strategy, we continue to focus on delivering the best product to serve consumer’s needs. The Americas is a strategic growth market for us. By acquiring Best Cheese and Jana Foods we will be able to grow our cheese business in the region further.”
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Symrise Acquires ADF/IDF

The move strengthens Symrise’s pet food activities and expands US footprint
February 5, 2019
With its approximately 470 employees, ADF/IDF generated sales of $ 220 million and an EBITDA margin of 23%.
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Mitsui to Participate in Hans Kissle Acquisition

The acquisition enhances Mitsui's offerings of value-added, prepared food products in the US food market
January 24, 2019
The food market in the US has expanded in recent years, driven by population growth and changing food preferences due to increasingly diverse consumer lifestyles.
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Food Industry News

American Pasteurization Company Acquires FreshCo Foods

Acquisition adds co-manufacturing to company’s breadth of services
January 22, 2019
APC Manufacturing’s packaging capabilities currently include bag, squeeze pouch and container filling of almost any shape or size and induction seal application.
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