News on Mergers and Acquisitions

Fairfields Farm Crisps has agreed to acquire Ten Acre Crisps, in an ongoing concentration of smaller premium brands focused on high quality and free-from attributes in the UK snack market

Duravant LLC (“Duravant”), a global engineered equipment and automation solutions provider to the food processing, packaging and material handling sectors, announced today that it has entered into a definitive agreement to acquire Key Technology, Inc. (“Key Technology”) (NASDAQ:KTEC).

Canada's largest full‐service restaurant company Cara is to merge with Keg Restaurants Ltd. The addition of 106 The Keg restaurants will provide Cara with a network of 1,365 restaurants.

With the concluded acquisition of the Italian Pavan Group end of November 2017 the Düsseldorf engineering group GEA purchased a leading supplier of extrusion and milling technology for processing all kinds of fresh and dried pasta, pelleted snack products and breakfast cereals.

Burt’s Potato Chips have announced the purchase of Leicester’s Savoury & Sweet popcorn manufacturer for an undisclosed sum.

Hershey Co. is expanding further beyond chocolate, agreeing to buy the owner of SkinnyPop popcorn and Tyrrell’s potato chips for $921 million.

Campbell Soup Company and Snyder’s-Lance today announced that the companies have entered into an agreement for Campbell to acquire Snyder’s-Lance for $50.00 per share in an all-cash transaction.

Utz Quality Foods, LLC, the largest privately-held and family-managed branded salty snack company in the United States, has announced that its subsidiary, Heron Sub, Inc. successfully completed its tender offer for the outstanding shares of common stock of Inventure Foods, Inc. (NASDAQ: SNAK)

Deep River Snacks, a US company manufacturing premium better-for-you snacks based in Connecticut, was acquired by Arca Continental, the second largest Coca-Cola bottler in Latin America and parent company of the snack companies Wise Snacks, Bokados and Inalecsa.

Dewulf, supplier of a full line of potato and root crop machinery, announced a licencing agreement with Mahindra & Mahindra Ltd (M&M Ltd), part of the USD 19 billion Mahindra Group, headquartered in Mumbai (India) for the manufacturing and marketing of potato planting equipment in India.

BlackPace Africa Group has bought Ndiyo Business Group, a major producer of salted potato chips in Rwanda.

El pasado 23 de octubre de 2017, la compañía francesa firmó la adquisición del 100% de la Sociedad de Productores Bretones (SPB) y de sus filiales: Gopex Distribution y Bret Seeds.

Snack Food Manufacturers Inventure Foods (Publicly listed;NASDAQ:SNAK) and privately held Utz Quality Foods, LLC announced they have entered into a merger agreement. Utz has agreed to acquire all of Inventure Foods outstanding shares of common stock in an all-cash transaction.

Inventure Foods today announced it has completed the sale of its frozen business including the Rader Farms® and Willamette Valley Fruit Company™ brands as well as certain assets, rights and properties related to its frozen fruits, vegetable blends, beverages, and frozen desserts business to Oregon Potato Company.

The initial public offer (IPO) of Prataap Snacks received bids for 17.19 crore shares, data on the National Stock Exchange of India (NSE) website showed. The IPO was oversubscribed 47.39 times.

Prataap Snacks initial share sale offer was oversubscribed 2.17 times on the second day of bidding on Monday, with still another day to go.

Conagra Brands, Inc. (NYSE: CAG) announced that it has entered into a definitive agreement to acquire Angie's Artisan Treats the maker of Angie's BOOMCHICKAPOP ready-to-eat popcorn

Bunge Limited (NYSE: BG), a leading global agribusiness and food company, has announced that it has entered into a definitive agreement to acquire a 70% ownership interest in IOI Loders Croklaan, an established leader in the growing $33 billion semi-specialty and specialty B2B oils market.