27 August 2020
Sovos to acquire pancake and waffle mixes maker Birch Benders
US food company Sovos Brands has agreed to purchase Birch Benders, a manufacturer of pancake, waffle mixes, toaster waffles and baking cups.
Focus:
Deal News
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26 August 2020
Curation Foods owner Landec to divest Hanover manufacturing facility
US-based Landec has entered a definitive agreement to divest its Hanover manufacturing facility and related assets for $8.7m to an undisclosed buyer.
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26 August 2020
Clio Snacks secures fresh investment in Series C funding round
Greek yoghurt bar manufacturer Clio Snacks has secured $8m in a Series C funding round after registering a year-on-year growth of more than 100%.
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25 August 2020
Mengniu Dairy terminates deal to acquire Kirin’s Australian beverage unit
Japanese beverages company Kirin Holdings and China Mengniu Dairy have terminated the deal which included the acquisition of Lion-Dairy and Drinks by the Chinese firm.
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25 August 2020
Chinese plant-based meat brand Starfield secures new funding
Chinese food tech company Starfield Food Science & Technology has completed its Series A funding round, bringing its total funding to more than $10m.
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24 August 2020
ADM divests stake worth $550m in Wilmar JV
Ingredients provider ADM has completed the divesture of secondary block trade of shares in its Singapore-based Wilmar joint venture for approximately $550m.
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21 August 2020
United Sports Brands acquires energy supplement maker Glukos Energy
United Sports Brands, a US-based manufacturer of sports performance and protective products, has announced the acquisition of energy supplement maker Glukos Energy.
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21 August 2020
Australia may block China Mengniu Dairy’s Lion Dairy & Drinks acquisition
The Australian Government may block China Mengniu Dairy’s acquisition of Lion Dairy & Drinks, due to ‘diplomatic issues’.
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19 August 2020
Nestlé Health Science to acquire IM HealthScience business and brands
Nestlé Health Science (NHSc) is purchasing IM HealthScience (IMH) business along with its brands, including IBgard, FDgard, Fiber Choice and REMfresh.
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18 August 2020
Tiger Brands agrees to divest meats business in South Africa
South African food company Tiger Brands has agreed to sell its processed meat divisions in two separate transactions for R428m ($24.7m).