Category: Food Industry News

Danone mulls sale of US organic dairy brands – Horizon Organic and Wallaby

Raghuram Kadari- January 28, 2023

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

businessnewstoday- January 23, 2023

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

Raghuram Kadari- January 21, 2023

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

Raghuram Kadari- January 15, 2023

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

Raghuram Kadari- January 11, 2023

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

businessnewstoday- January 8, 2023

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

businessnewstoday- January 4, 2023

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

Raghuram Kadari- December 28, 2022

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

Raghuram Kadari- December 23, 2022

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

Raghuram Kadari- December 21, 2022

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