Focus:
US-based nutritional foods and snacking products developer Simply Good Foods has signed a definitive agreement to acquire lifestyle food company Quest Nutrition in a deal valued at $1bn.
Orkla, a supplier of branded consumer goods, has signed an agreement to acquire a 20% stake in Icelandic chocolate and confectionery manufacturer Nói-Siríus.
US-based snacks manufacturer Hershey has invested in Fulfil Holdings and Blue Stripes through its venture model C7 Ventures.
USDA-funded start-up company Hazel Technologies has raised $13m in a Series B funding round in an effort to continue the growth of its main product line and launch new technologies.
US-based MegaMex Foods and Mexico’s Herdez have entered a licensing agreement with UTZ Quality Foods.
New Zealand-based dairy co-operative Fonterra is planning to divest its stake in the China-based baby food manufacturer Beingmate Baby & Child Food Company.
US-based middle-market private investment firm Highlander Partners, through its newly-formed food platform Benestar Brands, has acquired pork rinds producer Evans Food Group from Wind Point Partners.
US-based gourmet food and floral gift provider 1-800-Flowers.com has won a bid to acquire certain assets of the gourmet food business of FTD Companies.
Investment firm KKR has signed a stock and asset purchase agreement with Campbell Soup Company to acquire certain international operations from Campbell for an enterprise value of nearly $2.2bn.
US-based packaged foods manufacturer TreeHouse Foods has completed the divestiture of its snack nuts and trail mix business to Atlas Holdings for $90m.
