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Home » mergers and acquisitions

Articles Tagged with ''mergers and acquisitions''

Brekki

Brekki Overnight Oats Acquired by Cedar's

February 24, 2020

Carlsbad, California-based brekki, with a line of dairy-free, ready-to-eat Overnight Oats, announced it has been acquired by the executive team of Cedar’s Foods, a global leader in Mediterranean Foods.


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Hormel Sadler 1

Hormel Foods Acquires Sadler's Smokehouse

February 22, 2020

Hormel Foods Corporation has reached an agreement to acquire Texas-based Sadler’s Smokehouse. Sadler’s Smokehouse is a family-owned business that specializes in premium and authentic pit-smoked meats for retail and foodservice customers. Hormel Foods has been a customer of Sadler’s Smokehouse for over two decades.


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Dean Foods

Dean Foods Enters Into Asset Purchase Agreement with Dairy Farmers of America

Dairy Farmers of America to serve as proposed “stalking horse bidder” in a court-supervised sale process for the assets of Dean Foods.
February 18, 2020

Dean Foods Company (“Dean Foods” or the “Company”) today announced that it and certain of its subsidiaries have entered into an asset purchase agreement with Dairy Farmers of America (“DFA”) through which DFA will acquire a substantial portion of Dean Foods’ business operations. Pursuant to the agreement, if consummated, DFA will acquire 44 of the Company’s fluid and frozen facilities and the real estate, inventory, equipment, and all other assets necessary to operate such facilities (the “Stalking Horse Assets”).


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Trilogy Refrig-IT Partnership

Trilogy Warehouse Partners and Refrig-IT Join Forces

Partnership expands cold chain warehousing and supply chain services throughout the imported F&B value chain.
February 8, 2020

Trilogy Warehouse Partners (TWP) has partnered with Refrig-IT, to facilitate continued growth and expansion of its cold chain business. Trilogy Warehouse Partners, based in St. Louis, Missouri, is a leading provider of warehousing and supply chain management services to the food and beverage, consumer, healthcare and industrial markets. 


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Mochi Ice Cream

Mochi Ice Cream Company Sold to Lakeview Capital

January 31, 2020

Century Park Capital Partners has completed the sale of The Mochi Ice Cream Company to Lakeview Capital, Inc. The Mochi Ice Cream Company is the leading domestic producer of mochi ice cream, the Japanese-inspired handheld ball of premium ice cream enrobed in soft and pillowy mochi dough. 


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NTG Logo

Nolan Transportation Group Acquires Eagle Transportation, Expanding Cold Chain Logistics Services

The acquisition broadens NTG's capabilities for temperature-controlled truckload and supply chain services.
January 17, 2020

Eagle Transportation brings cold-chain shipping expertise with a strong emphasis on service levels, audit capabilities, quality management, communication, and transparency to NTG.


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Key Acquires Herbert

Key Technology Acquires Herbert Solutions

Herbert supplies sorting and processing equipment for root crops, increasing Key's capabilities.
January 14, 2020

Key Technology, a leading global designer and manufacturer of digital sorting, inspection, conveying and other processing equipment, and a member of the Duravant family of operating companies, has acquired Herbert Solutions, enhancing its portfolio of potato and vegetable equipment solutions.


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Study: CEO confidence declines to lowest level in a decade

CEOs have grown more pessimistic about current economic conditions, with only 8% saying conditions are better compared to six months ago, down from 13% last quarter.
October 4, 2019
The confidence level of chief executive officers remained unchanged at 43 in the second quarter of 2019, but declined to a reading of 34 in the third quarter (a reading of more than 50 points reflects more positive than negative responses), according to a study released by The Conference Board, New York.
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Study: Food industry M&A deals totaled $2.46B globally in July

The top country in terms of M&A deals activity in July was the United States with eight deals, followed by Spain with six and Japan with four.
August 22, 2019
Total food industry merger and acquisition (M&A) deals in July totaled $2.46 billion, according to GlobalData, UK.
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Study: Food industry M&As dip in 2018, manufacturers lead activity

Food processors took part in 152 deals in 2018, a 19.4% decrease from 2017, while the retail sector increased almost 40% from the previous year.
April 3, 2019
The Food Institute, Upper Saddle River, N.J., tallied 527 food industry mergers and acquisitions in 2018, down almost 11% from 2017’s record year, according to its annual “Food Business Mergers & Acquisitions” report.
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