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.
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.
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.
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.
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.
Refrigerated & Frozen Foods ranks the Top 25 frozen food processors in each of the six major product categories. Discover how mergers and acquisitions are impacting the frozen foods market.
Changing demographics, rising disposable income and the pursuit of healthy living are reshaping consumer demand for specialty, better-for-you and sustainable food options.
March 8, 2019
Evolving consumer preferences and rapid technological change are transforming the food supply chain, according to the “Consumer Insider,” an industry report released by Brown Gibbons Lang & Co. (BGL), Cleveland, Ohio.
Merger and acquisition activity among the Top 50 CPG companies marked a 15-year high in 2017.
December 5, 2018
In fact, merger and acquisition (M&A) activity among the Top 50 CPG companies marked a 15-year high in 2017 — a 45% increase compared to the previous year, according to IRI, Chicago. That’s why making informed and strategic M&A decisions is critical.