USA: Rich Products acquires Great Kitchens Food Company
Rich Products, the US-based family-owned food company, has acquired Great Kitchens from private equity firm Brynwood Partners for an undisclosed sum. The transaction sees Rich Products take ownership of North America’s largest manufacturer of private label take-and-bake pizzas, which also produces flatbreads, strombolis, and calzones. The deal includes the acquisition of the Uno Foods brand, […]
USA: Violet Foods acquires Muir Glen from General Mills
Violet Foods, the US-based tomato products manufacturer backed by private equity firm Amphora Equity Partners, has acquired the organic tomato brand Muir Glen from General Mills for an undisclosed sum. The transaction sees General Mills divest the 35-year-old brand as part of its ongoing portfolio reshaping strategy, which recently included the $2.1 billion sale of […]
USA: Charcuterie Artisans acquires La Quercia
Charcuterie Artisans, the US premium cured meats platform backed by private equity firm Entrepreneurial Equity Partners (e2p), has acquired Iowa-based artisanal brand La Quercia for an undisclosed sum. The transaction sees La Quercia join a portfolio that already includes Daniele International and Creminelli Fine Meats. Founded in 2005 by Herb and Kathy Eckhouse, La Quercia […]
USA: Creations Foods merges with Real Cookies
Creations Foods, the US-based snack manufacturer known for brands such as HighKey and Moon Cheese, has completed a strategic merger with Get Real Foods, the parent company of the free-from biscuit brand Real Cookies. The transaction, the financial terms of which were not disclosed, creates a new vertically integrated platform focused on the ‘better-for-you’ snacking segment. […]
France: Euricom snaps up Mars-Axereal joint venture Ebly
Euricom, the Italian rice specialist, has entered into binding agreements to acquire Ebly, a joint venture between Mars Food & Nutrition and the agricultural cooperative Axereal, for an undisclosed sum. The transaction encompasses 100% of the shares in the venture, transferring ownership of the Ebly brand and its production facility in Chateaudun, France. According to […]
USA: B&G Foods acquires Del Monte broth brands
B&G Foods, the US holding company behind brands such as Crisco and Green Giant, has agreed to acquire the broth and stock business of Del Monte Foods for $110 million in cash. The transaction, which includes the College Inn and Kitchen Basics brands, emerged from a competitive auction process conducted as part of Del Monte […]
India: Marico to acquire snacking brand 4700BC
Marico, the Indian FMCG giant best known for its Saffola and Parachute brands, has entered into a definitive agreement to acquire a majority stake in Zea Maize Pvt Ltd, the owner of the snacking brand 4700BC. The transaction will see Marico purchase a 53.48% stake in the company for an aggregate consideration of 226.8 crore […]
UAE: Solico Group opens $35 million production hub
Solico Group, the Middle East-based food manufacturer known for brands such as Kalleh and Pemina, has inaugurated a new production facility in Dubai’s Jebel Ali Free Zone (Jafza) with an investment of 130 million AED ($35.4 million). The new purpose-built plant, operating under the name SoFood, spans 5,000 sq m and will serve as the group’s […]
India: Milky Mist invests $134 million in Maharashtra expansion
Milky Mist, the Indian dairy products manufacturer, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to establish a new processing facility in the state with an investment of 1,130 crore INR ($134 million). The agreement, formalised at the World Economic Forum in Davos, will see the company construct a large-scale plant […]
Saudi Arabia: JBS expands halal production with $85 million investment
JBS, the Brazilian meat processing giant, has announced a capital injection of $85 million to expand its manufacturing capabilities in Saudi Arabia, positioning the country as a strategic hub for its halal operations. The investment encompasses the expansion of the company’s processed food facility in Jeddah and upgrades to its existing plant in Dammam. According […]