Tag: Food acquisition news

Ferrero to acquire American ice cream manufacturer Wells Enterprises

Raghuram Kadari- December 9, 2022

Italian confectionery giant Ferrero Group has agreed to acquire American ice cream manufacturer Wells Enterprises, its operations, and its ice cream brands. The acquisition will ... Read More

Duravant acquires Belgian food processing solutions manufacturer Marelec

Raghuram Kadari- December 7, 2022

Duravant, an engineered equipment and automation solutions major, has acquired Marelec Food Technologies to expand its food processing solutions portfolio. The financial terms of the ... Read More

SALIC to acquire 9.2% stake in basmati rice producer LT Foods for $55.6m

Raghuram Kadari- November 16, 2022

The Saudi Agricultural and Livestock Investment Company (SALIC) has agreed to acquire a 9.2% stake in LT Foods, an Indian basmati rice processing company, for ... Read More

Perrigo acquires Nestle’s Good Start brand, Wisconsin facility to enhance infant formula capacity

Raghuram Kadari- November 3, 2022

Perrigo, an American Irish–registered over-the-counter pharmaceuticals manufacturer, will invest $170 million to expand and increase its infant formula manufacturing capacity and consumer choice in the ... Read More

Littlejohn buys majority stake in specialty foods distributor Lipari Foods

Raghuram Kadari- November 1, 2022

An investor group led by Littlejohn & Co., a US-based private equity company, has acquired a majority stake in Lipari Foods from alternative assets investment ... Read More

Worldwide Produce acquires San Marcos-based Left Coast Food Company

businessnewstoday- October 29, 2022

Worldwide Produce, a portfolio company of Sole Source Capital, has acquired Left Coast Food Company, a frozen food goods and dry goods distributor in the ... Read More

Dabur to acquire 51% stake in Indian spice company Badshah Masala

Raghuram Kadari- October 27, 2022

Dabur India has agreed to purchase a 51% stake in Badshah Masala, an Indian spice company, to foray into more than INR 25,000 crore branded ... Read More

Minerva Foods Australia acquires Australian Lamb Company for $254m

businessnewstoday- October 23, 2022

Minerva Foods Australia, a joint venture (JV) between Saudi Agricultural and Livestock Investment Company (SALIC) and Minerva Foods, has acquired the Australian Lamb Company (ALC) ... Read More

Lamb Weston to take full ownership of European JV with Meijer Frozen Foods

businessnewstoday- October 22, 2022

American potato processing company Lamb Weston has agreed to take full ownership of Lamb-Weston/Meijer, by buying out the remaining 50% stake in the European joint ... Read More

The Healing Company acquires plant-based superfoods brand Your Super

businessnewstoday- October 17, 2022

The Healing Company, an American health and wellness firm, has acquired plant-based superfoods brand Your Super for an undisclosed price. Apart from announcing the deal, ... Read More