UK: Premier Foods to acquire Merchant Gourmet for £48 million
UK food manufacturer Premier Foods has announced the acquisition of Merchant Gourmet, a UK convenience foods brand, for £48 million ($64.6 million). Founded in 1995, Merchant Gourmet is described as having market leading positions in pulses and grains, in addition to offering microwaveable rice and ready meals, with most of its products sold in pouches. Commenting on the […]
Austria: Agrana to acquire Mercator-Emba from Fortenova Group
Agrana, the Austrian food group, has announced that it is acquiring Mercator-Emba, a leading Slovenian food producer serving the food service sector, processors, and retailers, from Croatian food processor and retailer Fortenova Group. Mercator-Emba produces items such as BenQuick instant cocoa and Sladki Greh dessert toppings. Employing around 100 people in Slovenia, the company generated […]
USA: JBS to acquire, expand production facility in Ankeny
JBS, the global meat producer, has announced plans to invest $100 million to acquire a facility in Ankeny (IA) to establish its largest US ready-to-eat bacon and sausage plant. The facility, spanning 186,000 sq ft, will be transformed to produce fully cooked bacon and sausage products, having previously produced other food items for Hy-Vee stores. Commenting on […]
Denmark: Arla to invest €50 million in Bahrain factory
Arla, the Danish dairy cooperative, has announced plans to invest €50.9 million ($59.6 million) in its Bahrain facility to increase production for its Puck spreadable cheese. The planned €50.9 million ($59.6 million) investment will boost production capacity by about 30%, add warehouse and plant facilities, create 20 new jobs, and incorporate sustainable features such as […]
Philippines: Century Pacific acquires Atlantic Natural assets
Century Pacific, a seafood processor, has announced the acquisition of Atlantic Natural Foods, a plant-based foods company that had filed for bankruptcy protection in April. The deal is for all of Atlantic Natural Foods’ assets, including the Loma Linda ready meal range, Tuno alternative tuna brand, Neat plant-based egg substitute and Kaffree Roma caffeine-free beverages, as […]
Australia: V2Food acquires Daring Foods, partners with Ajinomoto
V2Food, a Australian plant-based food company, has announced the acquisition of Daring Foods, a USA-based plant-based chicken start-up, alongside a strategic partnership with Japanese food giant Ajinomoto. Founded in 2018, Daring Foods established its headquarters in the USA in 2020, offering plain, flavoured, and breaded plant-based chicken such as pieces, wings, patties and ready meals. […]
USA: HF Companies acquires Elmer Chocolate
US-based equity firm Hoffmann Family of Companies (HF Companies) has announced the acquisition of Elmer Chocolate, a leading US producer of heart-shaped chocolates that caters especially to Valentine’s Day and Easter. The company was founded in 1855 and has a manufacturing facility in Ponchatoula (LA). Commenting on the move, HF Companies Co-CEO Geoff Hoffmann said: […]
Ireland: Dole to sell fresh vegetables division to Arable Capital
Dole, the Ireland-based fruit and vegetable giant, has announced that certain of its subsidiaries have completed the sale of it fresh vegetable business to Og Holdco LLC, the parent company of Organicgirl LLC, a portfolio company of equity fund Arable Capital Partners, for a sale price of $140 million. The fresh vegetables division has operations related […]
USA: Dairy Farmers of America to acquire W&W Dairy
Dairy Farmers of America (DFA), the farmer-owned global dairy cooperative, has announced the acquisition of Wisconsin based dairy firm W&W Dairy. The acquisition includes the W&W Dairy business, its licensed brands, and the manufacturing facility in Monroe which produces a variety of Hispanic cheese products including queso fresco, cotija, queso blanco, quesadilla, panela and para freir. […]
USA: B&G Foods to sell Le Sueur brand to McCall Farms
Food manufacturer B&G Food has announced the sale of the Le Sueur brand of peas, green beans and carrots to preserved fruit and vegetable specialist McCall Farms for an undisclosed sum. The proceeds from the sale will be used for general corporate purposes including the repayment of long-term debt, the purchase of assets useful in […]