Articles Tagged with ''acquisitions''

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Dairy Farmers Of America Acquires Cumberland Dairy

The business will continue to operate as Cumberland Dairy and employees will retain their current positions
November 10, 2017
Dairy Farmers of America (DFA), a national dairy cooperative owned by family farmers, announced the acquisition of Cumberland Dairy; a family-owned processor of ultra-pasteurized dairy products located in Bridgeton, N.J.
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Saputo Acquires Montchevre

Move will broaden Saputo’s presence in US specialty cheese market
November 9, 2017
Saputo Inc. announced that it has entered into an agreement to acquire Betin, Inc., doing business as Montchevre. Its activities are conducted at one manufacturing facility located in Belmont, Wisc. The business employs approximately 319 people.
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Disruptive Enterprises Acquires FBOMB Brand

Love You Foods is a mission-driven health and wellness food company selling low-carb "fat bombs" in convenient, on-the-go packages under the FBOMB brand
November 8, 2017
Popular FBOMBS include Salted Chocolate Macadamia Nut Butter, Coconut & Macadamia Nut Butter Blend, MCT Oil, and House Blend Oil.
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Innophos Acquires NutraGenesis

Move advances growth strategy and momentum from recent novel ingredients acquisition
November 7, 2017
Under the terms of the purchase agreement, Innophos has acquired all of the outstanding equity interests of NutraGenesis LLC, Icon Group LLC and Tradeworks Group, Inc., together referred to as NutraGenesis, for a total purchase price of $28 million in cash.
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Food Industry News

Unilever to Acquire TAZO from Starbucks

Under the asset purchase agreement, Unilever will acquire the TAZO brand and all related intellectual property, signature recipes and inventory for $384 million
November 3, 2017
Founded in 1994, TAZO® has a strong position in Specialty Black, Green and Herbal teas, as well as liquid concentrates focused in the Chai Latte segment.
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Frutarom to Acquire Enzymotec

Deal to include net investment of approximately $210 million
November 2, 2017
The transaction will be done via full merger of Enzymotec into a subsidiary of Frutarom. Total Enzymotec sales in the 12 month period ended June 2017 at $47 million. 
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Food Industry News

Brisan Acquires Product Dynamics

The company now offers clients a complete suite of ingredients, consumer and sensory research, and product development services
October 27, 2017
Product Dynamics is industry-recognized as a leader in food and beverage consumer research, sensory science and product development services, operating from a state of the art purpose-built building in Orland Park, IL.
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Food Industry News

Cooke Inc. Acquires Omega Protein Corp.

The transaction price represents a premium of 32.5% to Omega Protein's closing share price on October 5, 2017
October 17, 2017
Cooke carries on the business of finfish aquaculture globally through its wholly-owned subsidiary Cooke Aquaculture Inc.
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Kerry Group to Acquire Ganeden

Ganeden has an extensive library of published studies and more than 135 patents for technologies in the supplement, food, beverage, nutrition and personal care markets
October 13, 2017
Complementing the Group’s acquisition of Wellmune® acquired in late 2015, the acquired Ganeden® technologies will be extended into wider applications across Kerry’s global developed and developing markets.
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Kellogg Acquires Rxbar

Kellogg adds Rxbar to wholesome snacks portfolio
October 11, 2017
RXBAR will continue to operate independently as a standalone business, and will be able to leverage Kellogg's scale and resources to continue driving its growth.
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