News on Mergers and Acquisitions

Mondelez International, Inc. (NASDAQ: MDLZ), formerly Kraft Foods Inc., announced today that it has completed the previously announced spin-off of its North American grocery business, Kraft Foods Group, Inc. (NASDAQ: KRFT).

Florikan, a specialist in polymer-coated fertilizer technologies for the agriculture and horticulture industries, has sold its patented Florikote technology to the J. R. Simplot Company, a leading global supplier of crop nutrient and specialty fertiliz...

Danish Starch manufacturer KMC announces on their website that they have sold their tapioca starch factory in Vietnam to the Chinese Inner Mongolia Nailun Group Co. Ltd.. The divesture this summer is part of KMC's continuously increasing focus on pota...

Although PinguinLutosa has not declared who the buyer is of their Lutosa potato processing division, the Belgian Media have made their mind up: Lamb Weston will buy Lutosa.

Markel Ventures, Inc. announced the acquisition of a majority interest in Reading Bakery Systems and affiliated entities ("Reading").

Snyder's-Lance, Inc. (Nasdaq-GS: LNCE) today announced that it has entered into a definitive agreement to acquire Snack Factory, LLC and certain affiliates, for $340 million in cash.This includes approximately $60 million of net present value of future...

The Board of Directors of PinguinLutosa have reached a principle agreement on the proposed sale of the Lutosa division. A term sheet was signed in which the entreprise value has been fixed on 225 million euro and the transaction is subject to the fulf...

PinguinLutosa NV (PIN), the Belgian producer of frozen vegetables, rose the most in almost three years in Brussels trading after saying it received unsolicited non-binding offers for its potato division.

The J.R. Simplot Company has acquired Crop Service Center, Inc., an agricultural retail business based in Atwood, Kansas. The purchase comes shortly after Simplot acquired Dorman Brothers, a multi-outlet agricultural supply company headquartered in Bu...

Dorman Brothers, an agricultural supply company with locations in Goodland, Kansas, and in Colorado at Burlington and Cheyenne Wells, will join Simplot’s AgriBusiness Group as part of the Simplot Grower Solutions network. “Our goal at Simplot Grower S...

ConAgra Foods, Inc., (NYSE: CAG) announced today that it has completed its acquisition of the Bertolli® and P.F. Chang’s® Home Menu frozen meals businesses from Unilever PLC, for total cash consideration of $267 million, subject to adjustment. The comp...

Bayer CropScience announced today the completion of its purchase of AgraQuest, Inc., a global supplier of innovative biological pest management solutions.All required transaction waiting periods have expired without objection from the relevant competit...

Bob Evans Farms, Inc. (NASDAQ: BOBE) today announced its subsidiary, BEF Foods, Inc. has acquired from Kettle Creations, LLC, the Kettle Creations® brand and a 100,000 square-foot, state-of-the-art food manufacturing plant located in Lima, Ohio.

Pennsylvania based snack maker Bachman Co. announced Saturday that it has sold its brands and certain assets to Utz Quality Foods Inc., Hanover, York County.

NoKota Packers, Inc. is pleased to announce that it has joined Fresh Solutions Network, LLC, a partnership of multi-generational potato and onion companies committed to driving profitable category growth through innovative marketing, category management and operational solutions.

McCain Foods announced July 24th that it intends to acquire 100% of the shares of CêlaVíta B.V., a subsidiary of Bieze Food Group BV, owned by the German Wernsing Group, located in Wezep (The Netherlands).

On July 2nd, 2012, the Agrico Group acquired all the shares of the Finnish Perunaseppä OY through its subsidiary Agrico Nordic AB, Sweden.

Confirming its position as the leading complete packaging solutions provider, tna is pleased to announce its acquisition of The Cadalec Group.World-renowned specialists in electrical and control system integration, The Cadalec Group bring over 20 years...