Tag archive for ‘Food acquisition news’
Marfrig Global Foods takes 24% stake in Brazilian food processing company BRF
By businessnewstoday On Saturday, May 22nd, 2021
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Marfrig takes 24% stake in Brazilian food processing company BRF

(adsbygoogle = window.adsbygoogle || []).push({}); Marfrig Global Foods has acquired a stake of 24.23% in rival Brazilian food processing company BRF for around $800 million, reported Reuters. BRF More...

Performance Food Group to acquire wholesale distributor Core-Mark
By businessnewstoday On Tuesday, May 18th, 2021
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Performance Food to acquire wholesale distributor Core-Mark for $2.5bn

Performance Food Group (PFG), a Virginia-based foodservice distribution company, has agreed to acquire Core-Mark in a stock cum cash deal worth around $2.5 billion, which is inclusive of the latter’s net debt. Core-Mark More...

General Mills to acquire pet treats business of Tyson Foods for $1.2bn
By businessnewstoday On Sunday, May 16th, 2021
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General Mills to acquire pet treats business of Tyson Foods for $1.2bn

General Mills has agreed to acquire the pet treats business of Tyson Foods, which includes the Nudges, True Chews brands, and Top Chews, for $1.2 billion in an all-cash deal. According to General Mills, the deal More...

Levine Leichtman Capital divests Nothing Bundt Cakes to Roark Capital
By businessnewstoday On Friday, May 14th, 2021
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Levine Leichtman Capital divests Nothing Bundt Cakes to Roark Capital

US-based private equity firm Levine Leichtman Capital Partners (LLCP) has divested its portfolio company NBC Holdings (Nothing Bundt Cakes) to Roark Capital for an undisclosed price. Nothing Bundt Cakes is a franchisor More...

GrubMarket acquires produce and diary provider Vaccaro & Sons
By businessnewstoday On Tuesday, May 4th, 2021
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GrubMarket acquires produce and dairy provider Vaccaro & Sons

GrubMarket, a US food technology startup, has acquired Vaccaro & Sons, a produce and dairy provider in St. Louis, Missouri, for an undisclosed price. Vaccaro & Sons caters to local grocery shops, country More...

Unilever to acquire US food supplement company Onnit
By businessnewstoday On Tuesday, April 27th, 2021
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Unilever to acquire US food supplement company Onnit

British consumer goods company Unilever has agreed to acquire Texas-based food supplement company Onnit for an undisclosed price. Founded in 2010 by Aubrey Marcus, Onnit owns a brain supplement called Alpha BRAIN, More...

JBS acquisition of Vivera
By businessnewstoday On Tuesday, April 20th, 2021
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JBS to acquire Dutch plant-based food producer Vivera for €341m

Brazilian food processing giant JBS Group has agreed to acquire Vivera, a Netherlands-based plant-based food producer, for €341 million. Vivera is engaged in developing and producing a variety of plant-based meat More...

Kerry Group suspends talks with Kerry Co-Operative regarding dairy business
By businessnewstoday On Thursday, April 15th, 2021
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Kerry Group suspends talks with Kerry Co-Operative regarding dairy business

Kerry Group has confirmed that talks with Kerry Co-Operative Creameries pertaining to a potential transaction for its dairy-related businesses in Ireland and the UK have been suspended. The company in February 2021 More...

Mondelēz to acquire majority stake in UK-based nutrition brand Grenade
By businessnewstoday On Tuesday, March 23rd, 2021
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Mondelēz to acquire majority stake in UK-based nutrition brand Grenade

Mondelēz International has agreed to acquire a majority stake in Grenade, a UK-based sports performance and active nutrition brand, for an undisclosed price, in a move to expand into the broader snacking and fast-growing More...

GrubMarket acquires Texas-based produce wholesaler RJ Produce
By businessnewstoday On Thursday, March 18th, 2021
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GrubMarket acquires Texas-based produce wholesaler RJ Produce

US food technology startup GrubMarket has acquired RJ Produce, a Texas-based produce wholesaler, for an undisclosed price. RJ Produce is said to have established strong relationships with growers directly from Mexico More...