News on Mergers and Acquisitions from the United States

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.

Yesterday, TreeHouse Foods, Inc., a leading manufacturer of private label foods, announced that it had entered into a definitive agreement to sell the Company's Snacks Division to Atlas Holdings LLC.

Utz Quality Foods, LLC announced today their affiliation with WeStock™, the crowd-stocking application (app) designed to help every day shoppers discover and request new food and beverage products.

In response to the explosive growth and demand for smaller-sized potatoes in smaller-sized bags.

According to reporting by CNBC, Kraft Heinz is considering the sale of its Ore-Ida potato brand in order to pay down its debt

Late last week, Ballreich Bros. Inc. announced that it had been sold to Ballreich Snack Food Company, a newer investor group formed by northwest Ohio business professionals who want to keep the company thriving.

Ingredient supplier Ingredion Incorporated has acquired the operations of Western Polymer, a company focused on the production of native and modified potato starches for food and industrial applications

European Frozen Finger Food manufacturer Frostkrone Group announced earlier this month it had completed the acquisition of the Idaho based company Rite Stuff Foods Inc., a manufacturer specialised in the production of potato snacks.

The Good Crisp Company, a brand of guilt free stacked chips, announced the closing of a new round of financing from CircleUp Growth Partners, a leading venture fund for innovative early-stage consumer brands.

About a quarter of the workers at the Cape Cod Potato Chips facility in Hyannis, Massachusetts were laid off as two of the three production lines are shut down.

Wada Farms announced this week it has entered into a strategic partnership with organic potato packer Genesis Organics located in Southern Idaho.

The Cape Cod Potato Chips plant, located in Hyannis Mass., is now owned by Campbell Soup Co., acquired as part of its Snyder’s-Lance purchase. A year after plans were announced for a $20 million expansion, the future of the Hyannis production facility is once again uncertain as Campbell is reviewing all capital expenditures.

PepsiCo, Inc. announced it has entered into a definitive agreement to acquire Bare Foods Co. (doing business as Bare Snacks), a U.S.-based maker of baked fruit and vegetable snacks.

Shearer's Snacks has sold the Barrel O' Fun and Rachel's brands to UR Brands — an affiliate of Old Dutch Foods.