Acquisition expands Lineage’s U.S. network with the addition of 14 facilities and bolsters its presence in the Pacific Northwest.
May 30, 2020
Lineage Logistics (Lineage), the world’s largest provider of temperature-controlled logistics solutions, announced it has signed a definitive agreement to acquire Henningsen Cold Storage Co. (Henningsen). Lineage was founded by and continues to be managed by Bay Grove. The strategic acquisition adds to the company’s expansive U.S. facility network and bolsters its presence in the Pacific Northwest, with the addition of 14 facilities across Oregon, Washington, Idaho, Pennsylvania, North Dakota and Oklahoma. Financial terms of the transactions were not disclosed.
Diestel Family Ranch, sustainably raising turkeys since 1949, is acquiring Willie Bird Turkeys, a like-minded family farm that has become known around the world for its high-quality poultry. The company’s fresh free-range natural and organic turkeys, plus award-winning smoked holiday and year-round products, will be sold by Diestel under the well-loved Willie Bird brand. From extraordinarily juicy and tasty turkeys for Thanksgiving, to maple-wood smoked chicken and duck, Willie’s products are smooth, mild-flavored, and a delight to the most discriminate palate.
Global bakery manufacturer and ingredients supplier Dawn Foods announced today it has entered into an agreement to sell its North American frozen manufacturing business to Rise Baking Company. This strategic business decision allows Dawn to focus on its core ingredients business, concentrate its investment and execution on delivering growth and product innovation across its ingredients portfolio, and continue to serve customers who look at Dawn every day as North America’s leader in bakery ingredients. The agreement will expand Rise Baking Company’s strategic North American manufacturing footprint and baked goods product portfolio.
Shoreline Equity Partners, LLC ("Shoreline" or the "Firm") has partnered with management to acquire Engelman Baking Company, Inc. ("Engelman's" or the "Company"). Engelman's is a leading wholesale bakery offering a complete line of high-quality artisan breads and rolls ranging from European and hearth breads, Kaiser and twisted egg rolls to specialty dinner rolls and hand-crafted hamburger and hot dog buns. Engelman's operates a 50,000 sq. ft. SQF Level II bakery and serves restaurants and entertainment venues in the greater Atlanta Area on a daily and just-in-time basis via local delivery routes as well as national accounts via distribution.
Acquisition accelerates growth with independent restaurant customers, driving topline growth.
March 6, 2020
US Foods Holding Corp. (“US Foods”) today announced that it has entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores (“Smart Foodservice”) from funds managed by affiliates of Apollo Global Management, Inc. (the “Apollo Funds”) for $970 million in cash.
Sara Lee Frozen Bakery has signed a definitive agreement to acquire Spokane, Washington-based pie maker Cyrus O’Leary’s Pies. The transaction is the latest in a series of initiatives at Sara Lee Frozen Bakery aimed at growing its presence in the in-store bakery (I.S.B.) category, which began last August with the acquisition of Superior Cake Products, Inc.
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.
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.
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”).
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.
The May 2020 issue of Refrigerated & Frozen Foods magazine highlights sustainable solutions for companies along the cold chain, plus coronavirus and food safety coverage, lift truck technology, pizza innovations, new dairy and dairy-alternative products, plus much more—just click the stories below to start reading.