Global packaging leader TricorBraun announced today that it has acquired Quebec-based RODA Packaging, further expanding its presence in Eastern Canada. Serving customers for nearly 40 years, RODA is a rigid packaging distributor specializing in the chemicals, sealants, and adhesives markets; it also serves the nutraceuticals, juices, and dry condiments and spices segments. As part of the RODA acquisition, TricorBraun will also acquire Rada Industries.
Stir Foods, a leading custom manufacturer of soups, sauces, dressings, and fresh salsas for retail, industrial, and foodservice customers, has acquired Lancaster Fine Foods, a private label and contract manufacturer of custom sauces, dressings, and condiments for retail, industrial and foodservice customers. Lancaster operates a 100,000-square-foot Safe Quality Food (“SQF”) manufacturing facility in Lancaster, Pennsylvania, with the ability to expand into 200,000 square feet of total space.
Dan Powers, President and CEO of Fisher Construction Group recently announced that agreements have been completed to acquire the personnel and assets of All Surface Roofing & Waterproofing of Spokane. The new division will be called Fisher Roofing Services. All Surface’s parent company of Santa Ana, CA is not part of the acquisition, and will continue operating as a separate company.
Danone and Earth Island, maker of Follow Your Heart brands and a pioneering leader in plant-based foods, today announced that they have entered into a share purchase agreement under which Danone will acquire 100% of the shares of Earth Island. With a proven track record of growth and innovation, and a long-term commitment to nutrition, sustainability and environmental stewardship, Earth Island represents a strong cultural fit with Danone and provides Danone with a unique opportunity to strengthen its plant-based business.
Powerful Nutrition and MMG Consumer Brands have come together and rebranded as Powerful Brands, dedicated to bringing unique, bold, and innovative consumer products to market. Powerful Brands boasts a growing portfolio of health and wellness brands including Powerful Nutrition (formerly Powerful Foods), offering high-protein foods, drinks, and dietary supplements to fuel active lifestyles; and MMG's hemp-derived CBD brands – KARIBO Beauty and mintedLeaf - found in food, drug, and mass stores.
SÜDPACK has acquired LPF Flexible Packaging B.V. (“LPF”) from the Clondalkin Group. The company, located in Grootegast, the Netherlands, is a leading manufacturer of high barrier films for sensitive products. LPF was founded in 1907 and has long-standing experience in the development and production of packaging materials. For SÜDPACK, the acquisition is a further key element in its long-term growth strategy.
Lineage Logistics announced the acquisition of Cryo-Trans, North America’s leading provider of refrigerated and insulated railcars and rail management solutions. This industry-first partnership creates a uniquely comprehensive and seamlessly integrated supply chain solution for food and beverage customers. Financial terms of the transaction were not disclosed.
NaturalShrimp, an aquaculture company which has developed and patented the first commercially operational Recirculating Aquaculture System (RAS) for shrimp, announced the acquisition of assets for Alder Aqua, formerly known as VeroBlue Farms in Webster City, Iowa, including but not limited to the real property, equipment, tanks, rolling stock, inventory, permits, customer lists, contracts and other such assets used in the operation of the business.
Almark Foods and Michael Foods, a subsidiary of Post Holdings, announced that they have entered an agreement for the sale of Almark Foods. The transaction is set to be completed by Q1 of 2021.
Mastronardi Produce--parent company of Sunset fruits and vegetables--has sold its 187,392-square-foot dry and cold storage warehouse facility in Laredo, Texas, to BH Properties in a short-term sale leaseback transaction. The 132-door cross dock facility is the first asset in Laredo for BH Properties, a real estate investment firm which has approximately 20% of its 10 million-square-foot commercial and industrial real estate portfolio in Texas.
