Mergers and Acquisitions

PepsiCo, Inc. has announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods, for USD 1.2 billion. Over the past two decades, PepsiCo has transformed its portfolio to include great-tasting convenient foods and drinks that are nutritious, enjoyable, and fit consumers' lifestyles.

JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) has completed the settlement of its voluntary takeover offer to acquire all validly tendered shares of Marel hf.

APH Group, a distributor of agricultural equipment and installations, has acquired Kontrol-Pro in Serbia. This expansion will establish a new entity, APH Group Balkans d.o.o., which will take full responsibility for sales, service and distribution from Serbia.

Post Holdings, Inc. (NYSE: Post), a consumer packaged goods holding company, announced today it has agreed to acquire Potato Products of Idaho, L.L.C. .

PepsiCo, Inc. has announced its agreement to acquire the remaining 50% interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela) and become the sole owner of these companies, which make Sabra and Obela products.

The Middleby Corporation has announced the acquisition of JC Ford, a leading manufacturer of tortilla production equipment systems. Founded in 1945, the company is based in Columbia, Tenn., with USD 70 million in annual revenues.

The Hotraco group is acquired by Munters. Mooij Agro, supplier of potato storage solutions, is part of the Hotraco Group.

John Bean Technologies Corporation (JBT) has initiated a voluntary takeover offer to acquire all issued and outstanding shares of Marel hf. (Marel). Although a formal approval of the takeover is still pending, a blueprint of the future organisational structure for the combined company has already been released.

EarthFresh Farms has announced the purchase of Mountain King Potatoes, effective September 25, 2024. Established in 1963, EarthFresh is a North American produce company that specializes in potatoes, carrots and onions.

One Rock Capital Partners, LLC has announced that an affiliate has entered into an exclusive agreement relating to the planned acquisition of Europe Snacks (the "Company"), a leading private label manufacturer of savory snacks for the European market.

Swiss technology group Bühler has acquired Esau & Hueber, a German company known for its expertise in hygienic process and fermentation technology across the beverage, food, pharmaceutical, and biotechnology sectors.

Belgian machine builder Sticomax, a leading holding in machine building for the food industry, announces the acquisition of Dutch sector company DutchTecSource (DTS).

Mars, Incorporated has announced a definitive agreement to acquire Kellanova for USD 83.50 per share in cash, with the total deal valued at USD 35.9 billion. It makes Mars owner of brands such as Pringles®, Cheez-It®, Pop-Tarts®, Rice Krispies Treats® and NutriGrain®

Aspen Global Enterprises Inc., a leading Metro New York-based IQF and frozen food processor and distributor of potatoes, fruits, and vegetables, has announced a strategic joint venture with Marten's Fresh, based in Port Byron, NY.

Tummers Food Processing Solutions and Kiron Food Processing Technologies announced the establishment of a new Joint Venture: Tummers Kiron India Pvt. Ltd.. The announcement was made earlier today during the Inter Food Tech event in New Delhi.

Snack manufacturer Utz Brands, Inc. has announced that certain of its subsidiaries including Utz Quality Foods, LLC have entered into a definitive agreement for the sale of certain assets to Our Home™ ("Our Home").

Hijolusa, Agricola Villena and Natuber will now be know as "Somos Hijolusa", a new company with the reach and means to shake the spanish horticultural landscape.

JBT and Marel hf. have executed a definitive transaction agreement related to JBT’s previously announced intention to make a voluntary takeover offer for all the issued and outstanding shares of Marel.