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. The terms of the transaction were not disclosed. With the acquisition of Birch Benders, Brynwood platform has increased its annual sales to more than $2.3 billion. Founded in 2011, Birch […]
American Beverage Corporation, a fully-owned subsidiary of Harvest Hill Beverage Company, has acquired Chicago-based Poppilu, a kids’ lemonade brand in the US. The financial terms of the deal were not disclosed. Poppilu is an organic beverage and is available in Original Lemon, Peach lemonade, and Blueberry flavors. Sold in pouches, Poppilu is said to contain […]
Food acquisition news : J.M. Smucker has completed sale of its US baking business for $375 million to subsidiaries of private equity firm Brynwood Partners. The sale of the baking business by the US food processing company was done to focus on the pet food, coffee, and snacking categories. A definitive agreement between J.M. Smucker […]
Food acquisition news : US food manufacturer J.M. Smucker has agreed to offload its US baking business to subsidiaries of private equity firm Brynwood Partners for $375 million. The deal mainly covers products sold across the US retail channels under the Pillsbury, Martha White, Jim Dandy, Hungry Jack and White Lily brands, alongside all relevant […]