Mergers and Acquisitions

Penford Corporation (NASDAQ: PENX), announced today that it has entered into an agreement to acquire Carolina Starches. Penford will purchase the company interests and certain assets of the businesses currently operated by Carolina Starches, LLC and Ke...

Agri-food company Donegal Creameries has bought Scottish-based seed potato grower AJ Allan. The deal was done through Donegal's subsidiary Irish Potato Marketing, which is based in Dublin. No financial details were given. AJ Allan is based in Brechin...

Pepsico Inc. has won the bidding for Brazilian biscuit manufacturer Mabel with an offer of between 800 million Brazilian reais ($460 million) and BRL900 million, the O Estado de S. Paulo newspaper reported on Wednesday. Pepsico beat out Bunge Inc. an...

Diamond Foods, Inc. (Nasdaq:DMND) today announced that its previously announced acquisition of the Pringles snack business from The Procter &Gamble Company ("P&G") is now expected to close in the first half of calendar 2012. Diamond a...

Agri-Stor Company has acquired the assets and business operations of Custom Chemical Company - a full-service provider of potato sprout inhibitors, specialty post-harvest crop protection products and a Certified Dealer of Gellert® climate control systems

The Wachusett Potato Chip Co., the last independent potato chip company in New England, has been purchased by a Pennsylvania-based snack food company. Utz Quality Foods Inc. of Hanover, Pa., purchased the Wachusett Potato Chip Co.'s Water Street faci...

The Blackstone Group announced today that its private equity funds have agreed to acquire Antares Restaurant Group in New Zealand from Anchorage Capital Partners. Headquartered in Auckland, Antares has the exclusive franchise development rights for t...

Machine manufacturer Heat and Control, Inc. has purchased Spray Dynamics, Ltd. The purchase is a continuation of Heat and Control's commitment to provide food processors with complete single-source support, and to help expand its selection of coating s...

Yum! Brands Inc. agreed to sell its Long John Silver’s restaurants to LJS Partners LLC and the A&W All-American Food chain to A Great American Brand LLC for undisclosed prices as it focuses on expanding in China. Definitive agreements have been re...

Kerry Group, the global ingredients &flavours and consumer foods group, today confirmed that it has entered into an agreement to acquire Cargill’s global flavours business. Cargill Flavor Systems with annual revenues of approximately US$200m is be...

ConAgra has hinted it could step up its pursuit of Ralcorp after the US food group suffered a third rejection by its quarry of its proposal – improved to $5.2bn – to buy the company. Ralcorp said on Friday it had a rejected the latest $94 a share cash...

Ray Coyle, founder of Irish potato crisp maker Largo Foods, is selling a 25 percent stake in the company to German snack maker Intersnack, the Sunday Times reported, citing an interview with Coyle. Coyle is selling a further 11 percent stake in the co...

Himalya International India &J R Simplot Company, USA have signed memorandum of understanding to form joint venture in India.

Australian provider of packaging machinery tna announced its acquisition of Arcall, a leading supplier of innovative seasoning and cutting systems.

Calbee Inc. said Tuesday it will set up in June a joint venture with Haitai Confectionery &Food Co. of South Korea that will make potato chips and other snacks in the country.

Snyder's-Lance, Inc. (Nasdaq-GS:LNCE) announces a new corporate logo.

La compañía Procter &Gamble vendió la división Pringles a Diamond Foods por 2.350 millones de dólares. Dicho importe comprende 1.500 millones en acciones de Diamond y el compromiso de liquidar una deuda de 850 millones de Pringles. Según los térm...

Diamond Foods, Inc. (NASDAQ:DMND - News) and The Procter & Gamble Company (NYSE:PG - News) today announced the signing of a definitive agreement to merge the Pringles business ("Pringles") into Diamond Foods in a transaction valued at $2....