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The total purchase price for the combined transactions is, subject to customary closing adjustments, $156.5 million (approximately CDN$200 million), consisting of $153.0 million in cash and $3.5 million in Premium Brands common shares.

The company also welcomed consumer packaged goods industry veterans and trailblazers to its Board of Advisors, rounding out a leadership team with deep category experience and track record of success.

Tyson Foods, Inc. completed the acquisition of Philadelphia-based Original Philly Holdings, Inc., one of the nation’s leading producers of raw and fully-cooked Philly-style sandwich steak and cheesesteak appetizer products.

Brisan is a twenty-one year old company with an expertise in food ingredients and supply chain, and these unique technical insights remain the core business and critical to their growth strategy. “Our ingredient goods and new services can now take a concept all the way through production,” explains Brian Vogt,

Cambrooke Therapeutics, Inc. (Cambrooke), an innovator in therapeutic nutrition for inborn errors of metabolism and ketogenic diet therapy, announced it has been acquired by Ajinomoto Co. Inc. (Ajinomoto), a worldwide leader in amino acids, pharmaceuticals, high-quality seasonings, processed foods, beverages, and specialty chemicals, through its subsidiary Ajinomoto North America, Inc. Prior to the acquisition, Cambrooke was a privately-held business led by investors Galen Partners and Seventure Partners.

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.

The company will launch some of its top product lines in the United States, which can be found at various retailers, depending on the state, including Whole Foods, Vitamin Shoppe, Roundy’s and New Seasons.

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.

Popular FBOMBS include Salted Chocolate Macadamia Nut Butter, Coconut & Macadamia Nut Butter Blend, MCT Oil, and House Blend Oil.

CoreFX Ingredients, manufacturers of custom dry dairy, cheese and lipid ingredient solutions, inaugurated its 5,000-square-foot Innovation Center after just over a year in business as its own entity.