The acquisition expands Punch’s house of brands, as well as supports Tempo’s continued growth and future product launches.

As previously announced, following the close of the transaction, the combined company will be led by Greg Heckman, Bunge’s chief executive officer and John Neppl, Bunge’s chief financial officer.

The strategic move strengthens J&J Snack Foods' position as a leader in providing America's favorite snacks. 

Flavor Producers is a flavor platform in the US, providing flavors and extracts to the food and beverage industries, with a focus on organic and natural ingredients. Glanbia will operate Flavor Producers within its Glanbia Nutritionals (“GN”), Nutritional Solutions business (“NS” or “Nutritional Solutions”).

Together the companies will offer industry-leading holistic innovation services to help clients create the future of food, from front-end insights, strategy and creative development, through full-service R&D, scale-up and commercialization. 

Headquartered in Lenexa, Kan., PATCO manufactures emulsifiers at two US-based facilities for both food and non-food applications, with an extensive distribution footprint servicing customers primarily across North America. 

As part of the agreement, Vandemoortele will acquire a majority stake in Banneton, while Victor and Alex Litinetsky, founders of Banneton, will stay invested in the capital and continue to lead the day-to-day management of the business after closing.

This strategic acquisition will unlock innovation offerings within SAMBAZON’s bowl portfolio with new dry toppings, savory toppings, organic fruit inclusions on top of bowls as well as innovative bases that include tropical fruits, purees, as well as emerging and popular seed bowls. 

An affiliate of Peak Rock Capital, a middle-market private investment firm, announced that it has completed the acquisition of California Custom Fruits & Flavors, in partnership with the company’s management team and the Hall family who remain investors in the company.

White River Soy Processing, LLC (White River), a developer and operator of oilseed processing plants in the US, announced that it purchased Benson Hill Ingredients, LLC, which operates an established food grade soybean processing facility in Creston, Iowa, from Benson Hill, Inc.