Tag archive for ‘Food acquisition news’
By businessnewstoday On Tuesday, October 27th, 2020

B&G Foods to acquire Crisco shortening brand from Smucker’s for $550m

(adsbygoogle = window.adsbygoogle || []).push({}); US-based branded foods company B&G Foods has agreed to acquire the Crisco brand of oils and shortening from The J.M. Smucker Co. (Smucker’s) More...

By businessnewstoday On Friday, October 23rd, 2020

GrubMarket acquires Los Angeles-based produce provider Best Fresh Produce

US food technology startup GrubMarket has acquired Best Fresh Produce, a provider of fresh fruits and vegetables, for an undisclosed price. Established in 2007 by Zakaria Trad and Abdul Basset Trad, Best Fresh Produce More...

By businessnewstoday On Friday, October 23rd, 2020

Danone’s Nutricia acquires special needs business Real Food Blends

French dairy giant Danone’s specialized nutrition division Nutricia has acquired Real Food Blends, a company that makes meals for people with feeding tubes. The financial terms of the deal were not disclosed. Real More...

By businessnewstoday On Thursday, October 8th, 2020

Ferrero-backed CTH to acquire part of Fox’s Biscuits from 2 Sisters Food

CTH, a Belgian holding company related to the Ferrero Group, has agreed to acquire a part of British biscuit manufacturer Fox’s Biscuits from Northern Food Grocery Group (NFGG), for £246 million. NFGG is owned More...

By businessnewstoday On Wednesday, September 16th, 2020

Kraft Heinz to sell natural cheese business to Lactalis for $3.2bn

US food company Kraft Heinz has agreed to offload its natural, grated, cultured, and specialty cheese businesses to a US affiliate of French dairy giant Groupe Lactalis for $3.2 billion. The deal includes Kraft More...

By businessnewstoday On Friday, September 11th, 2020

Israeli-based Meat-Tech 3D to acquire a cultured fats producer

Meat-Tech 3D, which is engaged in cultivating meat production technologies based on advanced 3D bioprinting, revealed plans to acquire 100% of an undisclosed developer of cultured fat products, in a deal worth about More...

By businessnewstoday On Tuesday, September 8th, 2020

Universal Corporation to acquire Silva International for $170m

Universal Corporation, a Virginia-based agri-products company, has agreed to acquire Silva International, a natural, specialty dehydrated vegetable, fruit and herb processing company, for $170 million in an all-cash More...

By businessnewstoday On Sunday, September 6th, 2020

Orkla-owned MTR Foods to acquire 68% stake in Eastern Condiments

Norwegian conglomerate Orkla, through its fully-owned subsidiary MTR Foods, has agreed to acquire a 67.8% stake in Indian spice manufacturer Eastern Condiments for INR 13.6 billion ($190 million). The deal will More...

By businessnewstoday On Friday, September 4th, 2020

Verus acquires flavored nut butter company Eliot’s Nut Butters

Verus International, a US consumer packaged goods (CPG) company, said that it has acquired Eliot’s Nut Butters, a small batch, flavored nut butter company based in Portland, Oregon, for an undisclosed price. Currently, More...

By businessnewstoday On Friday, August 28th, 2020

Odense Marcipan to acquire cake manufacturer Frödinge from Orkla Foods Sverige

Danish marzipan producer Odense Marcipan, which is a part of Orkla Food Ingredients, will acquire cake manufacturer Frödinge from Swedish food company Orkla Foods Sverige, for an undisclosed price. According to More...