Mondelēz International has signed a deal worth at least $2.9 billion to acquire Clif Bar & Company, an American maker of nutritious energy bars with organic ingredients. Clif Bar & Company will stand to receive additional contingent earnout consideration from the confectionary giant. Through the deal, Mondelēz International will add nutritious energy bar brands such […]
Peak Rock Capital acquisition of TNT Crust : US meat processing company Tyson Foods has agreed to offload TNT Crust, its pizza crust business, to an affiliate of Texan private equity firm Peak Rock Capital for an undisclosed price. TNT Crust, which was established in 1981, produces partially-baked and self-rising pizza crusts which it supplies […]
Food acquisition news : Private equity firm Kohlberg & Company has agreed to acquire Sara Lee Frozen Bakery and Van’s businesses from US meat processor Tyson Foods for an undisclosed price. Tyson Foods says that it the transaction is to enable it to expand its focus on its core business. Included in the latest transaction […]