News on Mergers and Acquisitions

Snyder's-Lance, Inc. today announced that the Company's Kettle Foods subsidiary completed the acquisition of Metcalfe's skinny Limited, by acquiring the remaining 74% interest in the leading UK premium popcorn brand. Kettle Foods had initially acquired a 26% stake in the business from Metcalfe in January 2016.

Universal Robina Corporation (URC), one of the largest branded consumer food and beverage product companies in the Philippines, is to buy Snack Brands Australia, according to a Snack Brands Australia statement dated August 17.

Amplify Snack Brands, Inc. (“Amplify” or the “Company”) (NYSE:BETR) and Crisps Topco Limited and Subsidiaries (“Tyrrells”) announced last week that they have executed a definitive agreement under which Amplify will acquire Tyrrells, an international, market-leading and rapidly growing premium Better-For-You snack food business.

Jobs are to be axed at Herbert Engineering in Wisbech after the company went into administration on July 14

ConAgra Foods, Inc. (NYSE: CAG) has announced the completion of two separate divestitures: the sale of its JM Swank business to Platinum Equity and the sale of its Spicetec Flavors & Seasonings business to Givaudan.

Golden Enterprises, Inc. (NASDAQ: GLDC) and Utz Quality Foods, Inc. of Hanover, PA announced that they entered into a definitive merger agreement on July 18, 2016.

Conagra Foods initiates the spin-off of Lamb Weston and announces the Chairman of the Board and CEO upon the completion of the spin-off.

Novacap, a Canadian private equity firm, announced today that they have sold Idaho Pacific, a company specializing in dehydrated potato products to Arlon Group, a food and agriculture investment firm with a global network that supports investments across the entire food supply chain in the Americas.

Lamb Weston / Meijer announced that they have signed an agreement with the Russian company Belaya Dacha to establish a new joint venture partnership to serve the Russian market.

On November 18, 2015 Conagra Foods announced plans to spin off Lamb Weston and mentioned during the presentation of their latest financial results that the separation is on track. Now rumors surface that Conagra Foods has met with Post Holdings to discuss a potential merger of Post and Lamb Weston.

Farm Electronics Limited, a UK based potato storage specialist has become part of the Tolsma-Grisnich group. The company will continue to trade and manufacture crop storage systems as Farm Electronics Limited

ConAgra Foods, Inc. and Platinum Equity, a private equity firm, announced that they have entered into a definitive agreement for Platinum Equity to acquire ConAgra Foods’ JM Swank business, a national food ingredient sourcing and distribution company

Tyrrells Potato Crisps has earlier this month acquired German organic potato chips manufacturer Aroma Snacks GmbH & CO KG.

In South Africa, Famous Brands has acquired 100% of the business of Lamberts Bay Foods, a wholly-owned subsidiary of the Oceana Group Limited (Oceana) manufacturing frozen french fries.

ConAgra Foods, Inc. today announced it has entered into a definitive agreement to sell its Spicetec Flavors & Seasonings business to Givaudan for approximately $340 million.

In response to further market speculation and stakeholder inquiries, Bayer is publicly disclosing the contents of its private proposal to acquire Monsanto.

After Oakville Produce (formerly known as the Moraitis Group) entered receivership earlier this month, questions arise how that could happen to a company good for almost a quarter of the Australian Potato market.

Bayer AG is exploring a potential bid for U.S. competitor Monsanto Co. in a deal that would create the world’s largest supplier of seeds and farm chemicals, according to people familiar with the matter.