A US affiliate of Groupe Lactalis will purchase the business for a reported $3.2 billion
September 16, 2020
The Kraft Heinz Company announced that it has entered into a definitive agreement to sell its Natural, Grated, Cultured and Specialty cheese businesses to a US affiliate of Groupe Lactalis for a purchase price of $3.2 billion. The proposed transaction is expected to close in the first half of 2021, subject to regulatory review and approval.
Hilo is an emerging and innovative player in the nutrition and wellness category
September 16, 2020
Highlander Partners, L.P., a middle market private equity firm based in Dallas, announced the acquisition of Hilo Nutrition, Inc. Headquartered in Columbus, Ohio, Hilo is an emerging and innovative player in the nutrition and wellness category.
With new acquisition, Sovos Brands continues to expand its portfolio of one-of-a-kind brands
September 1, 2020
The acquisition deepens Sovos Brands' role in the breakfast and snacking categories and represents a significant step in the company's mission to acquire and build one-of-a-kind brands that bring consumers delicious food for joyful living.
Parker and CFI will co-brand, honoring each company's brand equity and complementary product offerings
August 26, 2020
Parker Products, a provider of inclusions and other specialty ingredients for the baking, dairy, beverage, confectionery, RTE and snack, and foodservice industries, today announced that cookie manufacturer Creative Food Ingredients (CFI) joined the Parker portfolio. The transaction was completed on August 25.
Acquisition to expand Glanbia’s flavors and nutritional solutions capabilities
August 13, 2020
Glanbia Nutritionals, a wholly owned subsidiary of Glanbia plc, announced that it has agreed to acquire Foodarom, a Canadian-based custom flavor designer and manufacturer servicing the food, beverage and nutritional product industries with turn-key flavors and formulation support. Foodarom comprises a flavor library of over 15,000 recipes and produces both liquid and powder products for various applications.
The acquisition will strengthen FFP's position in the clean label ingredients space by adding a beverage platform
August 10, 2020
Florida Food Products acquired Amelia Bay, LLC., a provider of fresh brewed tea extracts, coffee extracts and botanicals based out of Johns Creek, Ga. The acquisition will strengthen FFP's position in the clean label ingredients space by adding a beverage platform to its broad portfolio of natural products within the meat, savory, health and wellness markets.
Move expands company's position in the nutrition bar and chocolate moulded snacking segments
August 3, 2020
AOG, LLC d/b/a TruFood Manufacturing, a snack food contract manufacturer, backed by AUA Private Equity Partners, LLC, announced the acquisition of Simply Natural Foods, a leader in the better-for-you co-manufacturing segment.
Drink infused with nootropics and adaptogens acquired by private beverage group with sights set on international expansion
July 22, 2020
Beverage USA Holdings Inc. announced the acquisition of the assets of Nerd Beverage Corporation, a mental acuity drink company designed to disrupt the industry as it enhances focus, concentration, memory and energy with powerful nootropics and performance-boosting nutrients.
Cut Real Jerky Co. has built a roster of products including jerky, meat sticks and biltong that are made with the real ingredients and premium cuts of steak
July 9, 2020
The acquisition, led by Sonoma Brands managing director Kevin Murphy, follows Sonoma Brands’ acquisition of KRAVE from The Hershey Company in June 2020, thus joining two chef-crafted, premium jerky brands to create a powerhouse portfolio of brands within the meat snacking space.