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Home » acquisitions

Articles Tagged with ''acquisitions''

GeneralMills_900

General Mills to Sell North American Yogurt Business to Lactalis and Sodiaal

French dairy companies will acquire the yogurt business for in cash transactions valued at an aggregate $2.1 billion
Prepared Foods Editorial Staff
September 13, 2024

Following the completion of the transactions, the US and Canadian businesses will operate independently, with Lactalis acquiring the US business and Sodiaal acquiring the Canadian business. 


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T_Hasegawa_1023_780.jpg

T. Hasegawa USA Acquires Abelei Flavors

The move broadens T. Hasegawa USA's flavor portfolio, geographical footprint and technical capabilities within North America
Prepared Foods Editorial Staff
September 6, 2024

T. Hasegawa USA Inc. acquired Abelei Flavors, Inc. The purchase fits into T. Hasegawa USA, Inc.’s strategy to broaden its flavor portfolio within North America.


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Prayo Team Herrin Facility

Prayon Acquires Natural Enrichment Industries

Natural Enrichment Industries is a producer of calcium phosphate salts
Prepared Foods Editorial Staff
September 3, 2024

The NEI production sites located in Southern Illinois (Herrin and Sesser) complement the existing Prayon production plant of phosphate salts based in Augusta (Georgia) and expand the Group’s offering of solutions for food and technical applications.


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Ancient Harvest Pamelas logos

Saco Foods Acquires Ancient Harvest and Pamela's

The acquisition adds two category and industry-leading brands to the growing Saco portfolio
Prepared Foods Editorial Staff
August 23, 2024

Founded in 1983, Ancient Harvest pioneered the sale of quinoa in the US and continues to be a leading brand of value-added, plant-based products including gluten-free pasta, polenta and a brand of quinoa. 


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Donuts from Ellison Bakery

QualiTech Acquires Ellison Bakery

Ellison Bakery is an inclusion ingredients and baked goods manufacturer
Prepared Foods Editorial Staff
August 22, 2024

Ellison Bakery is a manufacturer of cookies, snack bars, crunches, toppings, and inclusion ingredients for retail, food service and private label end markets. Terms of the transaction were not disclosed.


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Mars Kellanova logos

Mars to Acquire Kellanova for $35.9 Billion

The acquisition is the largest food and beverage industry move in 2024
Prepared Foods Editorial Staff
August 14, 2024

. The addition of Kellanova provides Mars Snacking, which includes billion-dollar snacking and confectionery brands like SNICKERS®, M&M’S®, TWIX®, DOVE® and EXTRA®, as well as KIND® and Nature’s Bakery® with entry into new attractive snacking categories. 


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Califia Farms Uproot logos

Califia Farms Acquires Uproot Inc.

Plant milk dispenser system helps brand connect with foodservice consumers
Prepared Foods Editorial Staff
August 7, 2024

Founded by Kevin Eve and Jacob Conway who had a passion to provide consumers with healthy plant-based beverages, Uproot provides a convenient solution while increasing sustainability through packaging reduction. 


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The Cannabist Company logo

Verano to Acquire Arizona, Virginia Subsidiaries from The Cannabist Company

Total consideration for three subsidiaries is $105 million.
July 30, 2024

Two subsidiaries operate in Arizona, and the third subsidiary operates in Virginia.


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Legacy Bakehouse logo

Legacy Bakehouse Acquires Assets of Angelic Bakehouse

The acquisition brings new capacity and capabilities to expanding contract manufacturer
Prepared Foods Editorial Staff
July 23, 2024

Founded in 1917, Legacy Bakehouse is a 100+-year-old, Wisconsin-based company in developing and manufacturing a range of baked snack components, including rye chips, garlic chips, bread sticks, pita chips, and more. 


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Food and Beverage Industry Trends

J. Skinner Baking Partners with Stellex in Expansion-Focused Recapitalization

Doug Davidson joins as president and chief operating officer
Prepared Foods Editorial Staff
June 21, 2024

Stellex’s partnership with J. Skinner will support investment into production capacity expansion, increased automation, and new product development. 


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