Tag archive for ‘Food acquisition news’
By Soujanya Ravi On Friday, December 18th, 2020
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Woolworths’ deal with PFD Food Services comes under ACCC’s scanner

(adsbygoogle = window.adsbygoogle || []).push({}); The Australian Competition and Consumer Commission (ACCC) said that retailing giant Woolworths Group’ proposal to acquire 65% stake in foodservice More...

By businessnewstoday On Wednesday, December 2nd, 2020
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B&G Foods wraps up $550m acquisition of Crisco shortening brand

B&G Foods has wrapped up its previously announced $550 million acquisition of the Crisco brand of oils and shortening from The J.M. Smucker Co. (Smucker’s). As part of the deal announced in October 2020, More...

By businessnewstoday On Wednesday, November 25th, 2020
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Nestlé to sell Yinlu peanut milk and canned rice porridge businesses in China

Nestlé has signed a deal to divest its Yinlu peanut milk and canned rice porridge businesses in China to Food Wise for an undisclosed price. The deal includes all the operations of Yinlu, which includes five factories More...

By businessnewstoday On Tuesday, November 24th, 2020
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McCormick to acquire Mexican hot sauce brand Cholula Hot Sauce

McCormick acquisition of Cholula Hot Sauce : US spice manufacturer McCormick & Company has agreed to acquire Cholula, the parent firm of Mexican hot sauce brand Cholula Hot Sauce from L Catterton, for $800 million More...

By businessnewstoday On Tuesday, November 24th, 2020
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Elliott Advisors offers to take over Swiss food company Aryzta for CHF0.8 per share

Elliott Advisors (UK) has proposed to take over Swiss food company Aryzta for an indicative price of CHF 0.80 per share. According to Elliott Advisors (UK), the financing for the proposed deal is available and that More...

By businessnewstoday On Monday, November 23rd, 2020
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HelloFresh to acquire US meal delivery service provider Factor75

HelloFresh acquisition of Factor75 : German meal kit company HelloFresh said that its US subsidiaries have signed a deal worth up to $277 million to acquire meal delivery service provider Factor75 (Factor). Based More...

By businessnewstoday On Wednesday, November 18th, 2020
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Mars acquires healthy snacking company KIND North America

US confectionery giant Mars has acquired healthy snacking company KIND North America, which makes granola bars, protein bars, energy bars, breakfast bars, and others. Although the financial terms of the deal were More...

By businessnewstoday On Thursday, November 12th, 2020
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Insignia to sell Mexican style snacks producer Truco Enterprises to Utz Brands

Insignia Capital Group has agreed to sell Truco Enterprises, a maker of tortilla chips, salsa, and queso sold under the On The Border (OTB) brand, to Utz Brands, a US snack food company, for $480 million. The California-based More...

By businessnewstoday On Monday, November 2nd, 2020
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PA-based Biscotti Brothers secures investment from Main Street Gourmet

Main Street Gourmet, a custom wholesale bakery that produces frozen baked goods, has completed an investment and partnership with specialty cookies producer Biscotti Brothers. Based in Pennsylvania, Biscotti Brothers More...

By businessnewstoday On Saturday, October 31st, 2020
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Nestlé acquires US meal delivery service Freshly in deal worth up to $1.5bn

Nestlé acquisition of Freshly : Swiss food and beverage giant Nestlé, through its US subsidiary, has acquired Freshly, an American provider of fresh-prepared meal delivery services, in a deal worth up to $1.5 More...