Latest Posts Under: Food acquisition news

Hormel Foods acquires pit-smoked meats supplier Sadler’s Smokehouse

Hormel Foods has closed its previously announced $270 million acquisition of Sadler’s Smokehouse, a Texas-based pit-smoked meats supplier for foodservice and retail customers. Sadler’s Smokehouse is engaged in delivering premium pit-smoked whole muscle meats with custom injections, flavors, rubs, and spice blends. The company has been supplying its meat products to Hormel Foods for more […]

Sara Lee Frozen Bakery to acquire Cyrus O’Leary’s Pies

Sara Lee Frozen Bakery, a Chicago based frozen baked goods manufacturer, has agreed to acquire Cyrus O’Leary’s Pies, a Washington-based pie company, for an undisclosed price, as per the food acquisition news. The deal is said to further fast track Sara Lee Frozen Bakery’s efforts to grow its footprint in the in-store bakery (ISB) category, […]

PepsiCo to acquire Chinese snack brand Be & Cheery for $705m

PepsiCo acquisition of Be & Cheery : PepsiCo has agreed to acquire Chinese online snack company Hangzhou Haomusi Food (trading as Be & Cheery) from jujube maker Haoxiangni Health Food for $705 million as per the latest food acquisition news. Operating in China for almost 40 years, PepsiCo said that the acquisition is a major […]

B&G Foods acquires Massachusetts-based french fries manufacturer Farmwise

B&G Foods, a New Jersey-based frozen foods manufacturer, has acquired french fries manufacturer Farmwise for an undisclosed price. Farmwise, which is based in Wellesley, Massachusetts, is the owner of the Veggie Fries, Veggie Tots, and Veggie Rings brands. Its french fries brands, which are vegan, Non-GMO Project verified and free of the top eight allergens […]

Farmcrowdy acquires Nigerian meat processing company Best Foods

Farmcrowdy, Nigerian digital agriculture platform, has acquired majority stake in meat processing company Best Foods for an undisclosed price to offer the market with broader livestock production and processing solutions. Best Foods, which offers wholesome livestock and domestically grown agricultural produce, is among the largest meat processors in Nigeria with a daily processing capacity of […]

Platinum Equity acquires sweet biscuits manufacturer Biscuit International

Platinum Equity, a Los Angeles-based investment firm, has acquired Biscuit International, a European private label sweet biscuits manufacturer, from Qualium Investissement for an undisclosed price. Based in Paris, Biscuit International has a workforce of around 1,900 people. The sweet biscuits producer had registered sales of more than €500 million during the last 12 months, of […]

Ardent Mills to acquire quinoa operations of Andean Naturals

Ardent Mills, a flour-milling and ingredient company, said that its business unit The Annex is acquiring the quinoa operations of Andean Naturals in California, as per the latest food acquisition news. Financial terms of the transaction were not revealed. Under the deal, Ardent Mills will be buying Andean Naturals’ quinoa sourcing, cleaning, and packaging operation […]

Lakeview Capital acquires LA-based ice cream manufacturer Mochi Ice Cream

Michigan-based Lakeview Capital, through an investment fund managed by it, has acquired The Mochi Ice Cream Co., the makers of My/Mo Mochi Ice Cream from Century Park Capital Partners, as per the latest food acquisition news. The Los Angeles-based Mochi Ice Cream is said to have created the mochi ice cream, a handheld, portion-controlled snack of […]

Riverence acquires rainbow trout producer Clear Springs Foods

Riverence Holdings, a US-based land-based producer of steelhead and rainbow trout, has acquired Clear Springs Foods, a rainbow trout producer based in Idaho, for an undisclosed price, as per the latest food acquisition news. The acquisition is said to make Riverence Holdings the largest land-based producer of trout in the Americas. The company’s family of […]

Nestlé to sell US ice cream business to Froneri for $4bn

Nestlé has agreed to sell its US ice cream business to Froneri, its ice cream manufacturing joint venture with PAI Partners, for $4 billion, as per the latest food acquisition news. The ice cream business being divested by Nestlé in the US manufactures ice cream brands such as Häagen-Dazs, Outshine, and Drumstick. The Swiss food […]

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