Partnership will build on growth across geographies and categories
November 25, 2020
Mars, Incorporated, a family-owned global pet food, veterinary care, confectionery, snacking and food business, and KIND, a healthy snacking leader, announced the next step in their strategic partnership, with Mars acquiring KIND North America.
The deal is expected to close in December 2020 and is subject to customary closing conditions including the receipt of regulatory approvals
November 18, 2020
Insignia Capital Group invested in Truco in 2014 to help the company expand its distribution footprint and launch new product innovation. Together, Insignia and Truco made significant investments in sales and R&D that tripled adjusted EBITDA over the past six years.
Pretzilla is a pioneer in fresh soft pretzel bread and is a leading manufacturer in the category
November 10, 2020
Benestar Brands, LLC, a portfolio company of Highlander Partners, L.P., announced the acquisition of Miller Baking Company, the manufacturer of Pretzilla branded soft pretzel bites and buns. Headquartered in Milwaukee, Pretzilla is a pioneer in fresh soft pretzel bread and is a leading brand and manufacturer in the growing category.
The merged businesses will operate out of Crave Better Foods' home base of Connecticut
November 10, 2020
The transaction will create a partnership between Crave Better Foods and Josh Hochschuler and Steve Gill, the founders of Iris Brands and Talenti Gelato & Sorbetto. The terms of the combination are not being disclosed.
The move complements, strengthens TreeHouse's existing branded and private label pasta portfolio
November 5, 2020
TreeHouse Foods announced that it has signed a definitive agreement to acquire the majority of the US branded pasta portfolio of Riviana Foods, a subsidiary of Ebro, for $242.5 million in cash.
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.