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Home » acquisitions

Articles Tagged with ''acquisitions''

Food Industry News

Hometown Food Acquires Pillsbury Shelf-Stable Baking Business

Deal includes Hungry Jack® Brand and other assets from The J.M. Smucker Company
September 4, 2018
The portfolio of acquired brands includes the exclusive US rights to the Pillsbury® branded shelf-stable baking and dessert products and use of the iconic Pillsbury Doughboy in these categories.  Also included in the company's portfolio is the Funfetti®, Hungry Jack®, White Lily®, Jim Dandy® and Martha White® brands. 
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PepsiCo to Acquire SodaStream International Ltd.

PepsiCo's global reach combined with SodaStream's differentiated and unique product range will position SodaStream for further expansion
August 21, 2018
PepsiCo's strong distribution capabilities, global reach, R&D, design and marketing expertise, combined with SodaStream's differentiated and unique product range will position SodaStream for further expansion and breakthrough innovation.
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Tyson Foods to Acquire Keystone Foods for $2 Billion

The acquisition includes six processing plants and an innovation center in the US
August 20, 2018
Headquartered in West Chester, Penn., Keystone supplies chicken, beef, fish and pork to some of the world’s leading quick-service restaurant chains, as well as retail and convenience store channels. Its value-added product portfolio includes chicken nuggets, wings and tenders; beef patties; and breaded fish fillets.
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The Coca-Cola Company, BODYARMOR Announce Strategic Relationship

The initial investment is uniquely structured to create value for both companies and allow Coca-Cola to increase its ownership stake in the future under defined terms
August 15, 2018
The brand will continue to operate independently with the same entrepreneurial spirit that has made it so successful under the leadership of co-founder and chairman Mike Repole and his BODYARMOR management team
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ADM to Acquire Rodelle

Move will expand company’s range of vanilla capabilities
July 25, 2018
Rodelle, founded in 1936 and based in Fort Collins, Colorado, originates, processes and sells premium vanilla products, including organic and traditional extracts, beans, alcohol-free flavor and paste.
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Lesaffre Acquires Bakery Ingredients Company, Delavau Food Partners

Combination of companies strengthens offerings to baking customers
July 13, 2018
Through its ENCORE® line of baking products, Delavau™ is focused on enzyme based and other dough improvers for softness, shelf life, mold inhibition, dough relaxing and strength.
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Sensient Technologies Acquires Mazza Innovation

Expansion plans to remain in place as Mazza receives a continuing flow of new business opportunities
July 12, 2018
The acquisition is effective immediately and terms of the acquisition have not been disclosed. The Mazza plant extraction facility at the Delta, BC headquarters location will remain in place. 
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Food Industry News

Food Industry Acquisition Report: June 2018

Surveying strategic acquisitions across the food and beverage industry
June 29, 2018
Landmark mergers and acquisitions have burst into existence in the past few months.
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Conagra Brands To Acquire Pinnacle Foods

$10.9 billion deal to bring together rosters of iconic brands
June 27, 2018
With annual net sales in excess of $3 billion, Pinnacle Foods' portfolio of frozen, refrigerated and shelf-stable products includes such well-known brands as Birds Eye, Duncan Hines, Earth Balance, EVOL, Erin's, Gardein, Glutino, Hawaiian Kettle Style Potato Chips, Hungry-Man, Log Cabin, Tim's Cascade Snacks, Udi's, Vlasic and Wish-Bone, among others. Based on both companies' latest fiscal year results, pro forma net sales would have been approximately $11 billion.
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Tyson Foods Logo

Tyson Foods Acquires Tecumseh Poultry

Tecumseh Poultry was founded in 1998 and produces air-chilled, fresh chicken, as well as deli-style chicken and a variety of chicken sausages
June 12, 2018
The company’s operations include two plants located in Tecumseh and Waverly, Nebraska, as well as live operations. Tyson Foods currently plans to operate Tecumseh Poultry as a separate, wholly owned subsidiary and expects to retain its approximately 600 team members, including operations staff, sales teams and management.
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