Mergers and Acquisitions

September 28, 2017

Prataap Snacks IPO receives spectacular response from investors: 47.39 times oversubscribed.

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.

September 26, 2017

IPO Prataap Snacks oversubscribed by 2.17 times after day 2, with still a day to go

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.

September 24, 2017

Conagra Brands to acquire Angie's Artisan Treats, LLC, Maker Of Angie's® BOOMCHICKAPOP® Ready-To-Eat Popcorn

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

September 14, 2017

B2B Oils Market Shake-Up: Bunge to Acquire 70% Ownership Interest in IOI Loders Croklaan

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.

September 13, 2017

Inventure Foods sells frozen division to Oregon Potato Company to focus on snack business

Inventure Foods, Inc. announced it has entered into a definitive asset purchase agreement for the sale of its frozen business including the Rader Farms® and Willamette Valley Fruit Company™ brands as well as certain related assets, rights and properties to Oregon Potato Company for $50.0 million in cash.

August 24, 2017

Amazon and Whole Foods Market announce immediate changes as acquisition closes this Monday

Amazon and Whole Foods Market today announced that Amazon’s acquisition of Whole Foods Market will close on Monday August 28, 2017 and a number of changes will be implemented right away.

August 08, 2017

Potato Starch Company Lyckeby announce Strategic Alliance with Ingredion

Lyckeby, the Swedish manufacturer of potato-based starch and fibre products has yesterday formed a new strategic alliance with Ingredion.

TOMRA Subsidiary Compac partners with packaging specialist Xact in the United Kingdom

July 11, 2017

TOMRA subsidiary Compac partners with UK packaging specialist Xact

Earlier today, TOMRA Subsidiary Compac announced a new partnership with Xact, one of the United Kingdom’s leading integrated solution providers and a specialist in packaging and marking equipment.

June 16, 2017

Lamb Weston / Meijer completes acquisition potato division Oerlemans Foods

Lamb Weston / Meijer, the European joint venture of Lamb Weston Holdings, Inc., announced June 15th that it has completed its acquisition of the potato division of Oerlemans Foods.

June 16, 2017

Amazon to Acquire Whole Foods Market

Amazon (NASDAQ:AMZN) and Whole Foods Market, Inc. (NASDAQ:WFM) today announced that they have entered into a definitive merger agreement under which Amazon will acquire Whole Foods Market for $42 per share in an all-cash transaction valued at approximately $13.7 billion, including Whole Foods Market’s net debt.

April 26, 2017

Lamb Weston / Meijer acquires Oerlemans Potato Division

Lamb Weston / Meijer has reached the completion phase of the acquisition of the potato division of Oerlemans Foods, including a take-over of the plant in Broekhuizenvorst.

April 24, 2017

Conagra Brands completes acquisition of Thanasi Foods (Duke's meat snacks and BIGS seeds)

Today Conagra Brands, Inc. (NYSE: CAG) announced that it has completed the acquisition of protein-based snacking businesses Thanasi Foods LLC, maker of Duke's® meat snacks, and BIGS LLC, maker of BIGS® seeds (collectively, Thanasi).

April 17, 2017

Pom’Alliance and Pomuni join forces

Pom'Alliance and Pomuni are joining forces in the fresh potato sector. Both companies signed mutual cooperation agreements on March 30, 2017.

March 25, 2017

UK based manufacturer of cut and peeled potato products closes shop

Potato Processing company M&F Ltd. - based in the United Kingdom - has closed after losing one of its main customers. M&F produced fresh cut and peeled potato products and supplied these to companies who further process these potatoes into ready meals for the UK’s major supermarkets.

March 17, 2017

Conagra Brands to acquire Thanasi Foods, maker of Duke's Meat Snacks and BIGS Seeds

Yesterday, Conagra Brands, Inc. (NYSE: CAG) announced that it has entered into a definitive agreement to acquire protein-based snacking businesses Thanasi Foods LLC (Thanasi), maker of Duke's® meat snacks and BIGS LLC (BIGS), maker of BIGS® seeds.

January 31, 2017

UK Supermarket Chain Morrisons buys FarmCare Carnoustie potato packing plant

UK retailer Morrisons has acquired the Carnoustie potato packing plant from Farmcare in a deal which will strengthen the supply of Scottish tubers to the supermarket chain.

January 26, 2017

Bob Evans Farms transforms itself from a restaurant chain to a food manufacturer

Earlier this week, Bob Evans Farms, Inc. (NASDAQ: BOBE) announced two transformational transactions, turning the company from predominantly a restaurant chain into a food manufacturer.