M&As this week: Culinor, Sprehe Geflugel- und Tiefkuhlfeinkost Handels, Aadya Restaurants

Fresh food product manufacturer and retailer Vaco will be acquired by Culinor (Culinor Food Group) from UK-based Bakkavor Group in a transaction that is expected to be closed by the year end.

Culinor is a Belgian prepared-food company for the retail and foodservice sectors.

UK farming and food product business Bernard Matthews has announced that it will sell its German subsidiary Bernard Matthews Oldenburg (BMO) to Sprehe Geflugel- und Tiefkuhlfeinkost Handels (Sprehe Group) in a transaction that is subject to clearance from the German anti-trust authorities.

According to the terms of the transaction, Sprehe Group will acquire a 100% stake in BMO for €14m ($15.57m) by August.

Based in Germany, Sprehe Group is a leading producer of fresh and deep-frozen meat products in European markets.

Aadya Restaurants has acquired Chennai Chef from Sukashree Agro Foods in a move to boost its expansion plans.

Under the terms of the agreement, Aadya Restaurants, an operator of food trucks and quick service restaurants based in Hyderabad, India, will acquire a 91% stake in Chennai Chef brand.

Also based in India, Chennai Chef is a retailer of food products, including idly, dosa, nutri dosa batters, sambhar and rasam powders.

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Image: Bakkavor Group is a leading provider of fresh prepared foods. Photo: courtesy of Unsplash via Pixabay.