News on Mergers and Acquisitions from the Americas

Transaction Introduces Utz as a Publicly Listed Company on the New York Stock Exchange After Nearly 100 Years as a Family-Owned Business.

Transaction Introduces Utz as Publicly Listed Company After Nearly 100 Years as Family-Owned Business

Potato chip-maker Utz Quality Foods is in talks to be acquired by Collier Creek Holdings, a company started by former Blackstone Group Inc. executives, according to people familiar with the matter.

Yara North America, a market leader in crop nutrition, has joined the Potato Sustainability Alliance. As a member, Yara will work with processors, packers, buyers, grower organizations, conservation groups, academia, and other stakeholders.

Québec Parmentier merges with Patate-Saint-Ambroise of Saguenay. The joint announcement was made by Pierre Chouinard, Chief Executive Officer of Québec Parmentier and Mathieu Bouchard, President of Patate-Saint-Ambroise.

As the Potato Sustainability Alliance continues to expand, it has welcomed the Charlottetown, P.E.I.-based breeding and seed potato trading company HZPC Americas Corp as its newest member.

The Good Bean, pioneer of deliciously roasted chickpea snacks and category leader, has acquired Beanitos, maker of better-for-you bean-based chips and puffs.

The combined complementary footprint of Simplot Grower Solutions and Pinnacle stores will grow to more than 200 locations across North America.

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)

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.

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.

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.

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.

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.

Highlander Partners, L.P., a leading middle-market private investment firm based in Dallas, Texas, through its newly-formed food platform, Benestar Brands ("Benestar"), announced the acquisition of Evans Food Group ("Evans") from Wind Point Partners.

McCain Foods, the global leader in frozen french fries, potato specialties and appetizers, announces a new strategic partnership and lead investment in NUGGS, a New York based start-up.