News on Mergers and Acquisitions

Manchester-based frozen food brand for children Kiddyum has sold a 40% stake to Albert Bartlett, a grower and packer of potatoes reports BusinessLive.

BFY Brands, Inc., the snack company which makes PopCorners® and other better-for-you snacks, and Permira, the global private equity firm, today announced that BFY has entered into a definitive agreement to be acquired by PepsiCo, Inc. (NASDAQ: PEP)

CLAAS announced a global partnership with The Climate Corporation, Bayer’s digital farming arm, and its industry-leading FieldView™ digital farming platform.

US Farmer cooperative NORPAC Foods filed a motion in bankruptcy court Friday afternoon to sell its Quincy, Washington, plant for USD 93.5 million to Oregon Potato Company.

As of August 1, 2019 Tolsma-Grisnich, with residence in Emmeloord, the Netherlands has started a cooperation with José Bernad Refrigeration, with residence in Albacete, Spain, to explore the Spanish Agrofood market.

Conagra Brands, Inc. (CAG) announced that it has completed the divestiture of the portion of its snacks business that operates under a Direct-Store-Delivery (DSD) model to Utz Quality Foods, LLC.

Gardemoen, Norway: A new state-of-the-art processing line for classic and coated French
Fries, with inauguration in mid-2020, is planned by Ferskvarehuset AS in Norway. Design
and equipment will be sourced from Rosenqvists Food Technologies.

Lamb Weston has formed a joint venture with Sociedad Comercial del Plata in Argentina, to serve the nearly 2-billion-pound South American market. Each partner will own 50% of the joint venture, Lamb Weston Alimentos Modernos S.A..

Spudnik Equipment Company has reached an agreement to buy STC Trailers, according to a recent press release. Terms were not disclosed. Both companies are headquartered in Blackfoot, Idaho. The acquisition will go into effect Jan. 1, 2020.

VMG Partners, a private equity, beginning with the acquisition of the popchips™ brand in North America and most international markets outside of the United Kingdom and Europe.

Spud lovers are being given back a store in Norfolk after closing in August - after the business was rescued by potato giant firm Albert Bartlett.

BASF enters the market for natural flavors and fragrances (F&F) by acquiring Isobionics, a leader in biotechnology serving the global market for F&F and through a cooperation agreement with Conagen, a leader in biotechnology research.

Growers, suppliers, grubbing demonstrations - everything to do with potatoes. That is what the latest edition of Potato Europe was all about. This year, this trade show was held in Doornik/Tournai, Belgium on 4 and 5 September.

Campbell Soup Co. agreed to sell its European potato chips business to Valeo Foods Group Ltd. for about 66 million pounds ($80 million), the soupmaker’s latest divestment as it simplifies operations.

Swiss Bühler Group and Premier Tech from Canada, today announced the formation of a strategic cooperation for industrial flexible packaging solutions. Both companies agreed to build a design and manufacturing center in China.

NORPAC Foods, Inc., a grower-owned fruit and vegetable cooperative founded in 1924, announced that it has entered into an asset purchase agreement with Oregon Potato Company (OPC) under which OPC will acquire substantially all of the Company's assets.

The last potatoes were planted at the end of April at PotatoEurope’s demo site and until the end of May the participation demands continued to come in. With less than three weeks to go, time for an update!

Waterleau Group NV has successfully executed an important capital increase which secures the ambitious plans of the company for the future.