Category: Food Industry News
Danone mulls sale of US organic dairy brands – Horizon Organic and Wallaby
Danone said that it will consider a possible sale among other strategic options for its organic dairy activity in the US, which includes the Horizon ... Read More
Cargill closes acquisition of Owensboro Grain Company
Cargill has completed the previously announced acquisition of Owensboro Grain Company, which owns a soybean processing facility and refinery in Owensboro, Kentucky. The financial terms ... Read More
Campbell Soup to invest $50m to enhance Camden facilities
Campbell Soup is planning to invest around $50 million over the next three years, to consolidate its snacks offices in Charlotte, North Carolina, and Norwalk, ... Read More
No Meat Factory raises $42m for alternative protein products
No Meat Factory, Canada’s plant-based alternative protein products producer, has raised $42 million in a series B funding round to increase the company’s footprint and ... Read More
US baking brand Hometown Food acquires Birch Benders from Sovos Brands
Hometown Food, an arm of Brynwood Partners VIII L.P., has acquired Birch Benders from Sovos Brands, in a move to strengthen its better-for-you food offerings. ... Read More
John B. Sanfilippo acquires baked cheese snacking brand Just the Cheese
John B. Sanfilippo & Son, a US-based nut and dried fruit-based products processor, packager, marketer and distributor, has acquired the Just the Cheese brand business ... Read More
Dabur India closes acquisition of 51% stake in Badshah Masala
Dabur India has wrapped up the previously announced INR 587.52 crores worth acquisition of a majority stake in Indian spice company Badshah Masala Private Limited. ... Read More
Butterfly Equity to buy human and animal nutrition firm Milk Specialties
Butterfly Equity, a US-based investment firm specializing in the food sector, has agreed to acquire Milk Specialties Global, a human and animal nutrition manufacturer, from ... Read More
International Flavors & Fragrances to sell Savory Solutions to PAI Partners
US-based International Flavors & Fragrances (IFF) has agreed to sell Savory Solutions Group to French private equity firm PAI Partners for an enterprise value of ... Read More
Mars to acquire American whole-fruit snacking brand Trü Frü
Mars, an American multinational confectionery, pet food, and other food products manufacturer, will acquire Trü Frü, a whole-fruit snacking brand, to meet growing demand in ... Read More