Mergers and Acquisitions

February 25, 2013

Sorter manufacturers Key Technology and Visys announce merger

Key Technology, Inc. and Visys NV, a leading provider of chute-fed in-air sorters used by food processors and waste recyclers, have entered into a merger agreement.

February 13, 2013

Heinz to sell to Buffett, 3G Capital for 23 Billion

Warren Buffett's Berkshire Hathaway and private equity firm 3G Capital will buy ketchup and baby food maker H.J. Heinz Co for $23.2 billion in cash, a deal that combines 3G's ambitions in the food industry with Buffett's hunt for growth.

February 05, 2013

McCain Foods finalizes acquisition of the Kitchens of Sara Lee (Australia)

McCain Foods today announced it has completed the acquisition of Kitchens of Sara Lee (KOSL) Australia from Hillshire Brands, boosting its consumer offering. The transaction, initiated on December 18, is valued at A$82M.

January 30, 2013

African Agricultural Capital Fund (AACF, Pearl Capital Partners) invests in Midlands Limited

Pearl Capital Partners (Pearl) has recently concluded an investment of KSh 200 million (US$ 2,300,000) in the Kenyan potato processor Midlands Limited through the African Agricultural Capital Fund (AACF).

January 11, 2013

French Fry manufacturer Oerlemans Foods to be sold to Baltussen Holding

Today, VION N.V. announced that it has entered into an agreement for the intended sale of its company Oerlemans Foods to Baltussen Holding B.V.

January 08, 2013

Potato Chip Manufacturer Utz Quality Foods doubled headcount in acquired plant

Utz Quality Foods Inc., a privately-owned and family-managed company, said Tuesday that it has more than doubled the headcount at the Fitchburg plant that was part of its acquisition of the Wachusett Potato Chip Co. in September 2011.

January 08, 2013

J.R. Simplot continues its agribusiness expansion

J.R. Simplot continues its expansion in the agribusiness sector with another acquisition. This time Simplot acquired Scootney Springs Seed.

December 19, 2012

McCain Foods to acquire Kitchens of Sara Lee (Australia) from Hillshire Brands

McCain Foods (Aust) Pty. Ltd. today announced that it has signed a Share Purchase Agreement to acquire 100% of the shares of the Kitchens of Sara Lee (KOSL) frozen bakery business based in Australia and New Zealand from Hillshire Brands.

December 17, 2012

Wise Foods, Inalecsa acquired by Arca Continental

Arca Continental, S.A.B. de C.V., the second-largest Coca-Cola bottler in Mexico and Latin America announced today the acquisitions of snack food companies Wise Foods, headquartered in Pennsylvania, and Industrias Alimenticias Ecuatorianas, based in Ec...

December 12, 2012

A thaw in New Brunswick's French-fry wars

As deals go, it was small potatoes, but the $60-million sale of an Alberta processing plant signals a new stage in the long-running French-fry fracas between New Brunswick’s McCain and Irving families.

December 10, 2012

Cavendish Farms to buy Maple Leaf Potatoes

Cavendish Farms announced today it had concluded an agreement to buy the assets of Maple Leaf Potatoes, the frozen potato business of Maple Leaf Foods Inc., including a 142,000 sq. ft. processing facility in Lethbridge, Alberta.

December 07, 2012

Simplot acquires Migl Feed and Grain

Migl Feed and Grain, an agricultural supply company located in Hallettsville, Texas, will join the J. R. Simplot Company's Grower Solutions network. "Our goal at Simplot Grower Solutions is to continue to grow our business by expanding our reach...

December 05, 2012

United Biscuits sells KP Snacks business to Intersnack

Intersnack Group (“Intersnack”) and United Biscuits (“UB"- owned by Blackstone and PAI Partners), jointly, today announced that both parties have signed an agreement for Intersnack to acquire KP Snacks, UB’s snacks unit, from UB for an undisclosed...

November 28, 2012

ConAgra Foods to Acquire Ralcorp, the Largest Private Label Food Manufacturer in the US

ConAgra Foods, Inc. and Ralcorp Holdings, Inc. today announced that the boards of directors of both companies have unanimously approved a definitive agreement under which ConAgra Foods will acquire Ralcorp

November 05, 2012

EKKO acquires Formit Foodprocessing

Ekko Holding ApS (EKKO), based in Vejle Denmark, has acquired 100 percent of the shares in Oy FORMIT Foodprocessing Ab (FORMIT), based in Finland on Oktober 10, 2012.

McCain Foods agrees to buy potato division of PinguinLutosa

October 24, 2012

How McCain Foods became the preferred buyer of Lutosa

Last week McCain Foods and PinguinLutosa announced an agreement on the sale of the PinguinLutosa potato division. The Belgian Newspaper 'De Standaard' reveals how McCain Foods ended up the preferred buyer instead of Conagra Foods Lamb Weston.

October 19, 2012

McCain Foods picks up PinguinLutosa potato division

Contrary to what many in the Belgian media had suggested, it is McCain Foods picking up the potato division of the Belgian Frozen Food manufacturer PinguinLutosa and not Conagra Foods Lamb Weston.

October 18, 2012

FTNON announces purchase of Key Technologies’ Freshline products

FTNON continues its dedication in providing high quality products and services to the fresh-cut industry with its recent purchase of Key Technologies' Freshline products.