29 October 2020
Hershey acquires minority stake in natural snacks company Quinn
The Hershey Company has acquired a minority stake in natural snack company Quinn by making an undisclosed investment.
Focus:
Deal News
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28 October 2020
India’s FreshToHome secures $121m investment in Series C round
India’s fish and meat e-commerce firm FreshToHome raised $121m in the Series C funding round to further expand its footprint in India and the Middle East.
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28 October 2020
True North Seafood acquires bankrupt company Mariner Seafood
Cooke Aquaculture (Cooke) processing division True North Seafood has acquired the business of the bankrupt firm Mariner Seafood after a judge approved the sale last week.
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27 October 2020
JM Smucker to divest Crisco business for $550m to B&G Foods
J M Smucker has finalised an agreement to sell its Crisco oils and shortening brand to B&G Foods in a $550m cash transaction.
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27 October 2020
Sovos concludes acquisition of pancake and waffle mix brand Birch Benders
US food company Sovos Brands has concluded the acquisition of Birch Benders, which produces pancake, waffle mixes, toaster waffles and baking cups.
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23 October 2020
Equistone Partners to divest majority stake in Group of Butchers
Funds advised by Equistone Partners Europe have signed an agreement to divest their majority stake in Netherlands-based speciality meat manufacturer Group of Butchers to Dutch investment firm Parcom Private Equity.
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23 October 2020
AAK acquires remaining stakes in Indian oils and fats JV
Swedish vegetable oils and fats producer AAK has acquired the remaining 31% stake in its Indian oils and fats joint venture AAK Kamani.
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22 October 2020
Nutricia acquires blended meals producer Real Food Blends
Danone business Nutricia has acquired blended meals producer Real Food Blends for an undisclosed sum.
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20 October 2020
Kainos Capital to acquire weight-loss brand Nutrisystem for $575m
US-based private equity firm Kainos Capital has agreed to purchase nutrition and weight management brand Nutrisystem for $575m from Tivity Health.
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19 October 2020
Synlait’s Dairyworks divests Deep South ice cream brand to Talley Group
Synlait Milk subsidiary Dairyworks has announced the divesture of its Deep South ice cream brand and associated operations to the New Zealand-based food company Talley Group.