Mergers and Acquisitions

October 17, 2012

Newly Weds Foods buys industrial food coating business of Continental Mills

Last week, Newly Weds Foods, Inc. has purchased the industrial food coating business of Tukwila, WA. based Continental Mills, Inc. for an undisclosed sum. The business is primarily comprised of starch and flour based coatings &batters for potato ...

October 16, 2012

Snyder's-Lance, Inc. has completed the acquisition of Snack Factory, LLC

Last week, Snyder's-Lance, Inc. (Nasdaq-GS: LNCE), announced the completion of its acquisition of Snack Factory, LLC from VMG Partners, first announced on September 5, 2012. The transaction, which includes the fast growing Pretzel Crisps® brand, prov...

October 09, 2012

Marleen Vaesen appointed CEO PinguinLutosa

As from the 1st of November onwards Marleen Vaesen (1959) will be appointed as CEO of PinguinLutosa. She will take over the position of Hein Deprez, who was CEO of PinguinLutosa to date. Hein Deprez will subsequently, as president of the Strategic Com...

October 03, 2012

Snack Manufacturers Snyder's-Lance and Inventure Foods enter Distribution Agreement

Snyder's-Lance, Inc. (Nasdaq-GS: LNCE) and Inventure Foods, Inc. (Nasdaq-GS: SNAK), today announced completion of a strategic distribution agreement that will expand the Snyder's-Lance IBO route distribution system in Arizona and offer increased access...

October 02, 2012

Greenvale acquire Rowe Farming Ltd

Produce Investments plc (PI), owners of Greenvale AP Ltd, one of the UK’s largest fresh potato companies, has acquired 100% of the share capital of Rowe Farming Ltd, a specialist new and salad potato and daffodil growing business based in Cornwall.

October 01, 2012

Mondelez International announces spin-off of Kraft Foods Group, Inc

Mondelez International, Inc. (NASDAQ: MDLZ), formerly Kraft Foods Inc., announced today that it has completed the previously announced spin-off of its North American grocery business, Kraft Foods Group, Inc. (NASDAQ: KRFT).

September 26, 2012

J.R. Simplot acquires Florikote slow release fertilizer technology

Florikan, a specialist in polymer-coated fertilizer technologies for the agriculture and horticulture industries, has sold its patented Florikote technology to the J. R. Simplot Company, a leading global supplier of crop nutrient and specialty fertiliz...

September 23, 2012

KMC sells its Vietnamese tapioca starch factory to Nailun Group

Danish Starch manufacturer KMC announces on their website that they have sold their tapioca starch factory in Vietnam to the Chinese Inner Mongolia Nailun Group Co. Ltd.. The divesture this summer is part of KMC's continuously increasing focus on pota...

September 10, 2012

Lamb Weston buyer of PinguinLutosa potato division

Although PinguinLutosa has not declared who the buyer is of their Lutosa potato processing division, the Belgian Media have made their mind up: Lamb Weston will buy Lutosa.

Markel Ventures Announces Acquisition of Reading Bakery Systems

September 05, 2012

Markel Ventures acquires Reading Bakery Systems

Markel Ventures, Inc. announced the acquisition of a majority interest in Reading Bakery Systems and affiliated entities ("Reading").

September 05, 2012

PinguinLutosa signs principle agreement on sales of Lutosa division

The Board of Directors of PinguinLutosa have reached a principle agreement on the proposed sale of the Lutosa division. A term sheet was signed in which the entreprise value has been fixed on 225 million euro and the transaction is subject to the fulf...

September 05, 2012

Snyder's-Lance to acquire Snack Factory, LLC

Snyder's-Lance, Inc. (Nasdaq-GS: LNCE) today announced that it has entered into a definitive agreement to acquire Snack Factory, LLC and certain affiliates, for $340 million in cash.This includes approximately $60 million of net present value of future...

September 04, 2012

PinguinLutosa gains in Brussels trading on offers for potato unit

PinguinLutosa NV (PIN), the Belgian producer of frozen vegetables, rose the most in almost three years in Brussels trading after saying it received unsolicited non-binding offers for its potato division.

August 29, 2012

J.R. Simplot acquires Kansas retailer Crop Service Center, Inc.

The J.R. Simplot Company has acquired Crop Service Center, Inc., an agricultural retail business based in Atwood, Kansas. The purchase comes shortly after Simplot acquired Dorman Brothers, a multi-outlet agricultural supply company headquartered in Bu...

August 22, 2012

JR Simplot Acquires Dorman Brothers

Dorman Brothers, an agricultural supply company with locations in Goodland, Kansas, and in Colorado at Burlington and Cheyenne Wells, will join Simplot’s AgriBusiness Group as part of the Simplot Grower Solutions network. “Our goal at Simplot Grower S...

August 20, 2012

Conagra Foods completes acquisition of Bertolli, PF Chang's frozen meals business

ConAgra Foods, Inc., (NYSE: CAG) announced today that it has completed its acquisition of the Bertolli® and P.F. Chang’s® Home Menu frozen meals businesses from Unilever PLC, for total cash consideration of $267 million, subject to adjustment. The comp...

August 16, 2012

Bayer CropScience Completes Acquisition of AgraQuest

Bayer CropScience announced today the completion of its purchase of AgraQuest, Inc., a global supplier of innovative biological pest management solutions.All required transaction waiting periods have expired without objection from the relevant competit...

August 14, 2012

Kettle Creations acquired by Bob Evans Farms

Bob Evans Farms, Inc. (NASDAQ: BOBE) today announced its subsidiary, BEF Foods, Inc. has acquired from Kettle Creations, LLC, the Kettle Creations® brand and a 100,000 square-foot, state-of-the-art food manufacturing plant located in Lima, Ohio.