6 November 2020
Endless acquires 134-year-old bakery brand Hovis
Endless has acquired UK bakery brand Hovis for an undisclosed amount.
Focus:
Deal News
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6 November 2020
TreeHouse Foods to acquire pasta portfolio of Riviana Foods for $242.5m
TreeHouse Foods has agreed to purchase the majority of the US branded pasta portfolio from Ebro’s subsidiary Riviana Foods in a $242.5m cash deal.
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4 November 2020
Bunge agrees to divest Rotterdam refinery to Neste for $300m
Bunge’s joint venture (JV) Bunge Loders Croklaan has entered an agreement with Neste to divest its refinery in Rotterdam, the Netherlands, for a €258m ($300m) cash consideration, excluding working capital.
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3 November 2020
Japan’s Maruha Nichiro to divest Peter Pan Seafoods business in US
Japanese seafood company Maruha Nichiro has reached an agreement to sell its US subsidiary Peter Pan Seafoods (PPSF) to equity investment firm McKinley Capital Management and specialist investor Rodger May.
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3 November 2020
2 Sisters Food Group offloads portion of Fox’s Biscuits business for $318m
British food manufacturing company 2 Sisters Food Group (2SFG) has completed the divesture of a portion of its Fox’s Biscuits business to a Ferrero-related company.
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3 November 2020
Benestar Brands acquires Miller Baking Company in US
Benestar Brands (Benestar) has acquired Miller Baking Company, the manufacturer of Pretzilla branded soft pretzel bites and buns.
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2 November 2020
Ingredion to acquire 100% stake in Verdient Foods JV
Global ingredient solutions provider Ingredion has signed an agreement with filmmaker James Cameron and his wife Suzy Amis Cameron to acquire the remaining ownership stake in Verdient Foods.
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2 November 2020
Nestlé USA acquires prepared meals supplier Freshly for $950m
Nestlé USA has acquired New York-based prepared meals supplier Freshly in a $950m deal.
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30 October 2020
Benson Hill raises $150m to scale up crop breeding platform
US-based Benson Hill has secured $150m in Series D funding round to scale up its food innovation engine CropOS across multiple food and ingredients markets.
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29 October 2020
Tate & Lyle to buy 85% stake in Thai food starch manufacturer
Tate & Lyle has agreed to acquire an 85% stake in Chaodee Modified Starch (CMS), a Thailand-based manufacturer of tapioca-modified food starch.