The purchase sets off multi-million dollar expansion into refrigerated, premium plant-based meal solutions
November 4, 2020
Fresh From Texas, LLC (dba Fresh Texas) a San Antonio-based business in partnership with Texas Next Capital has acquired the manufacturing plant of Austin-based Veggie Noodle Company (dba CeCe’s Veggie Noodles), located in Austin.
The transaction is valued at approximately $11.3 billion
November 3, 2020
Inspire Brands, Inc. and Dunkin’ Brands Group, Inc., parent company of Dunkin’ and Baskin-Robbins, announced that they have entered into a definitive merger agreement under which Inspire will acquire Dunkin’ Brands for $106.50 per share in cash in a transaction valued at approximately $11.3 billion including the assumption of Dunkin’ Brands’ debt.
The company will operate two facilities that can produce a wide range of high-quality, sustainable, specialty pulse-based concentrates and flours
November 2, 2020
Ingredion Incorporated, a global provider of ingredient solutions to the food and beverage manufacturing industry, announced that it has signed an agreement with James Cameron and Suzy Amis Cameron to acquire the remaining portion of ownership in Verdient Foods Inc. that the company did not already own.
Freshly is a leading fresh-prepared meal delivery service
October 30, 2020
Nestlé announced that it has acquired Freshly, one of the leading fresh-prepared meal delivery services in the US The deal values Freshly at $950 million, with potential earn-outs up to $550 million contingent to the successful growth of the business. This transaction was signed and closed on Oct. 30, 2020.
The acquired business will continue to benefit from increased demand due to the COVID-19 pandemic and generate annual net sales of approximately $270 million
October 27, 2020
B&G Foods, Inc. announced that it has entered into an agreement to acquire the iconic Crisco brand of oils and shortening from The J.M. Smucker Co. for approximately $550 million in cash, subject to a post-closing inventory adjustment.
Acquisition enhances ICL's position in the high growth, high margin Brazilian specialty plant nutrition market
October 27, 2020
The acquisition will expand ICL's specialty plant nutrition product portfolio and significantly enhance its customer base and on-ground presence across agriculture regions in Brazil, one of the world's fastest growing agriculture markets. Fertiláqua had been previously controlled by Aqua Capital, a leading ag and food private equity firm.
Transaction builds on firm's extensive experience in health and wellness
October 20, 2020
Kainos Capital, a private equity firm focused exclusively on the food and consumer industry, announced that it has agreed to acquire Nutrisystem, the preeminent direct-to-consumer nutrition and weight management brand, from Tivity Health for $575 million.
Rosewood Private Investments adds Living Ecology to its health and wellness portfolio, expands development and manufacturing capabilities into functional foods, including fruit and nutritional bars
October 2, 2020
The acquisition will expand RPI's existing portfolio of research, development, and manufacturing companies in the health and wellness industry into functional foods' burgeoning market. A growing $9.6 billion category in 2019, consumers are increasingly choosing bars for snacking, meal replacement, energy, and healthy treats.
EQT plans to invest in natural colors, strengthen its digital infrastructure, sustainability capabilities and supply chain setup
September 28, 2020
Chr. Hansen Holding A/S and the EQT IX fund announced that EQT has agreed to acquire the Natural Colors Division, a subsidiary of Chr. Hansen, the global bioscience leader and developer of natural solutions for the food, nutritional, pharmaceutical and agricultural industries. The purchase price amounts to EUR 800 million.
Halo is a manufacturer of healthy bars and snacks, with an extensive portfolio that includes cereal bars, fruit and nut bars, gluten-free, high protein and nutritionally controlled bars
September 17, 2020
An affiliate of Peak Rock Capital, a leading middle-market private investment firm, announced that it has completed its acquisition of Halo Foods Ltd. in partnership with the management team of Halo.