M&A
Featured M&A Content
Can Big Food Compete Among Entrepreneurs?
Legacy CPG companies are a goalpost for food industry entrepreneurs. But that dynamic may be shifting as large corporations struggle under their own weight.
What JPG Resources’ Acquisition of CuliNEX Means for Food Product Development
Food and beverage consulting group JPG Resources is expanding its capabilities and its West Coast presence with the acquisition of food product development consultancy CuliNEX.
CPG Week: Inside Kraft Heinz’s Breakup. Plus, Pepsi’s Energy Drink Plans
In this episode of CPG Week, Nosh managing editor Monica Watrous and senior reporter Brad Avery dig into Kraft Heinz’s separation plans and PepsiCo’s increased investment in Celsius Holdings. The hosts also chat about Pepsi’s warning letter from an activist investor and Huel’s ready-to-drink foray into the red-hot greens category.
Additional Content
Distributors, Suppliers Consolidate at Year-End
As the year winds to a close, the wallets remain open, with a spate of high-profile distributor and supplier acquisitions announced in the past two weeks. Many of the companies acquired have a focus on “better-for-you,” fresh, and specialty, underscoring the ongoing importance of consumer interest in natural and unique products.
Bolthouse Farms President: C-Fresh Plans to Add Up to 20 Categories
At this year’s BevNET Live, Scott LaPorta, the president of Campbell-owned Bolthouse Farms described the C-Fresh mission and growth strategy.
Neat Foods Acquired, Founder Discusses Deal
Just three years after its launch, neat foods, which markets plant-based, meat-alternative foods, has been acquired by Atlantic Natural Foods, a subsidiary of AFT Holdings. In an interview with Project NOSH, Phil Lapp, neat’s co-founder and CEO, spoke with Project NOSH about the deal.
Pinnacle to Buy Boulder Brands In Quest to Reach LOHAS & Millennial Consumers
Pinnacle Foods Inc. announced today that it would purchase Boulder Brands for approximately $710 million dollars. While Pinnacle has a large stable of classic American brands, including Birds Eye, Aunt Jemima, Duncan Hines and Vlasic, the acquisition will add a slate of “better-for-you” products popular with the growing segment of LOHAS shoppers.
Chobani’s On Sale — Who’s Buying?
It’s the entrepreneurial food brand that has turned into the firmament of its category, but Chobani, now a staple of many a shopping list, might even be targeted for purchase by strategic investors, as well.
Swander Pace Capital Acquires Majority Stake in Voortman Cookies
Swander Pace Capital, a leading private equity firm specializing in investments in consumer products companies, has acquired Voortman Cookies, a premier manufacturer and marketer of cookies and wafers. Based out of Burlington, Ontario, Voortman Cookies products are sold in retailers throughout the world.
Monde Nissin Acquires Quorn Foods
Monde Nissin, one of the leading food consumer goods companies in the Philippines, has agreed to purchase Quorn Foods from Exponent Private Equity and Intermediate Capital Group for the amount of £550m. The purchase is expected to be completed by October 30.
Flowers Foods To Acquire Alpine Valley Bread Company
Flowers Foods, Inc. today announced a definitive agreement to acquire Alpine Valley Bread Company, a family-owned producer of certified organic and all natural breads in the U.S., for $120 million in cash and stock.
Perdue to Acquire Niman Ranch Brand and Expand Sustainable Offerings
Perdue and LNK Partners announced today that Natural Food Holdings, including the well-known Niman Ranch® brand, is being purchased by Perdue.
B&G Acquires a Grocery Goliath with Green Giant Sale
Taking its ongoing acquisition campaign into a new section of the store, B&G Foods announced today it had agreed to buy the venerable Green Giant and Le Suer vegetable brands from General Mills. The deal, valued at approximately $765 million in cash, allows B&G to quickly expand past its core competency, in the shelf stable space to the frozen aisle.