Flagship Food Group to acquire majority stake in La Tortilla Factory
La Tortilla Factory (LTF), a California-based tortillas and Mexican foods maker, has signed a deal with Colorado-based food company Flagship Food Group to enable the ... Read More
Smucker’s sells Natural Balance pet food business to Nexus Capital
The J.M. Smucker Co. (Smucker's) has completed the $50 million sale of its Natural Balance premium pet food business to Nexus Capital Management. The deal ... Read More
Woolworths’ deal with PFD Food Services comes under ACCC’s scanner
The Australian Competition and Consumer Commission (ACCC) said that retailing giant Woolworths Group’ proposal to acquire 65% stake in foodservice distributor PFD Food Services for ... Read More
B&G Foods wraps up $550m acquisition of Crisco shortening brand
B&G Foods has wrapped up its previously announced $550 million acquisition of the Crisco brand of oils and shortening from The J.M. Smucker Co. (Smucker's). ... Read More
Nestlé to sell Yinlu peanut milk and canned rice porridge businesses in China
Nestlé has signed a deal to divest its Yinlu peanut milk and canned rice porridge businesses in China to Food Wise for an undisclosed price. ... Read More
McCormick to acquire Mexican hot sauce brand Cholula Hot Sauce
McCormick acquisition of Cholula Hot Sauce : US spice manufacturer McCormick & Company has agreed to acquire Cholula, the parent firm of Mexican hot sauce ... Read More
Elliott Advisors offers to take over Swiss food company Aryzta for CHF0.8 per share
Elliott Advisors (UK) has proposed to take over Swiss food company Aryzta for an indicative price of CHF 0.80 per share. According to Elliott Advisors ... Read More
HelloFresh to acquire US meal delivery service provider Factor75
HelloFresh acquisition of Factor75 : German meal kit company HelloFresh said that its US subsidiaries have signed a deal worth up to $277 million to ... Read More
Mars acquires healthy snacking company KIND North America
US confectionery giant Mars has acquired healthy snacking company KIND North America, which makes granola bars, protein bars, energy bars, breakfast bars, and others. Although ... Read More
Insignia to sell Mexican style snacks producer Truco Enterprises to Utz Brands
Insignia Capital Group has agreed to sell Truco Enterprises, a maker of tortilla chips, salsa, and queso sold under the On The Border (OTB) brand, ... Read More