Articles Tagged with ''acquisitions''

Vaughan Foods Inc. has been acquired by Reser's Fine Foods Inc.

Frutarom Industries Ltd. has acquired Flavor Systems International Inc. of the U.S. for $35.3 million in cash. Frutarom will close the deal in a few weeks. This is the company's fifth acquisition so far this year.

Diageo has received the necessary regulatory clearances for the £1.3 billion acquisition of Turkish spirits company Mey Icki. The British spirits major revealed its intention to acquire Mey Icki in February this year to strengthen its position in the Turkish spirits market.

Brynwood Partners VI L.P. announced it acquired St. Paul, Minnesota-based Pearson Candy Company. Terms and conditions of the transaction were not disclosed.

Sunsweet formed a wholly owned subsidiary named Disruptive Beverages Inc.

Smart Balance Inc. announced it acquired 100% of the equity interest of Importations DE-RO-MA, which owns Glutino Food Group, for $66.3 million.

SunOpta Inc. announced that its indirect wholly owned subsidiary, SunOpta Global Organic Ingredients Inc., has completed the acquisition of the assets and business of Lorton's Fresh Squeezed Juices Inc.

Two out of three U.S. food and beverage executives see their companies being involved in a merger or acquisition over the next two years, as they seek to streamline portfolios and put cash reserves to work.

Kerry Group has confirmed that it is in talks with Cargill, to acquire its global flavors business.

PepsiCo Inc. said Friday it will buy the remaining 23% stake in Russian dairy and juice company Wimm-Bill-Dann Foods.