Tag: Food acquisition news

SunOpta exits frozen fruit business, sells to Nature’s Touch for $141m

businessnewstoday- October 15, 2023

SunOpta Inc., a renowned leader in the sustainable, plant-based foods sector from the U.S., has officially parted ways with its frozen fruit business. This strategic ... Read More

Meal kit company Blue Apron to be acquired by Wonder Group for $103m

businessnewstoday- October 2, 2023

Blue Apron, a trailblazer in the US meal kit industry, has announced its impending acquisition by Wonder Group, a company founded by entrepreneur Marc Lore, ... Read More

TreeHouse Foods completes $61m sale of MN facility and snack bars business

businessnewstoday- October 1, 2023

TreeHouse Foods, Inc. (NYSE: THS) has successfully finalized the sale of its Lakeville, Minnesota manufacturing facility and snack bars business to John B. Sanfilippo & ... Read More

J.M. Smucker to acquire sweet snacks company Hostess Brands for $5.6bn

businessnewstoday- September 12, 2023

The J.M. Smucker Co. (NYSE: SJM) announced the signing of a definitive agreement to acquire Hostess Brands, Inc. (NASDAQ: TWNK) for a total enterprise value ... Read More

Iceland Seafood International to sell IS UK to Danish company Espersen

businessnewstoday- August 31, 2023

Iceland Seafood International (ISI), a leader in the seafood industry, has confirmed the sale of 100% of the share capital of its subsidiary IS UK ... Read More

PAI Partners to acquire American pet food co-manufacturer Alphia

businessnewstoday- August 24, 2023

PAI Partners, a leading private equity firm, has announced its agreement to acquire Alphia Inc., one of North America's largest pet food co-manufacturers. While the ... Read More

Campbell Soup Company to acquire Sovos Brands in $2.7bn deal

businessnewstoday- August 7, 2023

Campbell Soup Company (NYSE: CPB) has agreed to acquire Sovos Brands, Inc. (Nasdaq: SOVO) for $23 per share in cash, marking a total enterprise valuation ... Read More

Seviroli Foods acquires Mama Rosie’s to solidify position in frozen pasta market

businessnewstoday- July 23, 2023

Seviroli Foods, a portfolio company of Mill Point Capital and a manufacturer of frozen pasta and importer of specialty foods, has recently announced its acquisition ... Read More

Bikaji Foods purchases stake in ethnic snacks startup Bhujialalji

businessnewstoday- July 20, 2023

Bikaji Foods International, an Indian ethnic snack producer, has acquired a 49% stake and 396 Compulsorily Convertible Debentures (CCDs) in Bhujialalji Pvt. Ltd., an emerging ... Read More

Mars to expand food and nutrition segment with Kevin’s Natural Foods acquisition

businessnewstoday- July 9, 2023

Confectionery giant Mars, Incorporated, has announced plans to acquire Kevin's Natural Foods, a high-growth nutritious meal company, for an undisclosed price. The sous-vide meal producer, ... Read More