The acquisition by private equity firm Roark Capital is one of the biggest acquisitions in fast food history, following Inspire Brands’ $11.3bn purchase of Dunkin’ in October 2020. Roark also owns Inspire.
Hostess Brands Inc is purportedly exploring a sale after fielding takeover interest from major snack producers, including PepsiCo, Mondelez, General Mills and Hershey.
IRCA – a portfolio company of private equity firm Advent International – has signed a definitive agreement to procure the Sweet Ingredients Portfolio of the Dublin-headquartered global provider of taste and nutrition solutions for the food, beverage and...
Chef-inspired dessert innovator Dessert Holdings has finalised its acquisition of frozen thaw-and-serve producer Dianne’s Fine Desserts from Geneva Glen Capital, the next step in significantly expanding its basket of products for the foodservice industry.
Roskam Baking Co. – one of the largest bakeries in the US, punching in over $600m in annual sales – is merging with better-for-you granola and snacks producer Organic Milling, following its acquisition by Entrepreneurial Equity Partners (e2p).
With today’s acquisition of two direct store delivery distributors in New York City and Long Island, chip and snack manufacturer Utz continues the shopping spree it began after going public in mid-2020 as it pursues its ambitious mission to be available...
The Platinum Equity portfolio company has reached an agreement to acquire Netherlands-based Continental Bakeries from its majority shareholder, Goldman Sachs Asset Management, for an undisclosed amount.
The forecourt and fast food empire owned by Mohsin and Zuber Issa has scooped up Cooplands, adding the UK’s second largest bakery chain to its growing portfolio of brands that includes Greggs, Starbucks, KFC and Subway.
Turning Rock Partners provided the financial boost to support the acquisition, with existing shareholders and management also participating in the new round of capital.
The North American producer of chef-inspired cakes and desserts for the retail and foodservice sectors has been acquired by private equity firm Bain Capital Private Equity for an undisclosed amount.
Swiss nutrition giant Nestlé has reportedly confirmed that it will acquire The Bountiful Co. prior to a planned initial public offering for the maker of Nature’s Bounty supplements.
Spanish food company Importaco is taking a controlling stake in Italian manufacturer Besana in a merger that will create ‘the European leader in nuts, dried fruit and seeds’.
Private equity firm Swander Pace Capital has added to its growing portfolio of baked foods businesses with the acquisition of Canadian bakery Bäckerhaus Veit for an undisclosed amount.
Barry Callebaut will acquire Burton’s Biscuit’s chocolate factory in Moreton, Wirral, UK, by the end of this year to expand its manufacturing capacity in the country.
Aim-listed speciality baker Finsbury Food Group has acquired free-from producer Ultrapharm for a possible £25m ($32.2m) to capitalize on the burgeoning popularity of gluten-free.
Biscuit International has taken another step in its aggressive expansion plan with the acquisition of Arluy – the fifth largest producer and distributor of sweet biscuits in Spain.
Mexican bakery giant Grupo Bimbo reported a massive 87% second-quarter revenue decline after it took a 1,960m pesos ($105m) charge for a voluntary redundancy program to create a ‘lean organization design.’
The South African Competition Commissions has approved the merger – with conditions – in which Robertsons will gain control over Silver 2017 (Pty) Ltd (trading as Newco), following the transfer of the spreads business from Unilever South Africa (ULSA).
The UK Competition and Markets Authority (CMA) has ruled that Pork Farms’ acquisition of Kerry Foods’ chilled savoury pastry (CSP) business may substantially lessen competition in the sector.
US Gores Group is allegedly in talks to buy out a stake of Premier Foods’ Hovis business and a city analyst has said that geography would not impact its ability to turn around the struggling brand.
A new research and development (R&D) center will enable Snyder’s-Lance to deliver category-expanding, innovative new products for 2013, its president and COO says.
North American snack firm Snyder’s-Lance plans to foster future growth through mergers and acquisitions to complement its core brands which helped it marginally improve sales in its Q1 results
DS Smith’s €1.7bn (£1.4bn) takeover of SCA Packaging is a game changer both for the company and the European packaging sector, said an industry analyst as the fallout from this week’s deal continues to be scrutinised.
The Australian competition watchdog confirmed it is probing Amcor’s proposed takeover of packaging company Aperio Group to see if the deal would damage competition in the domestic market.
The European flexible packaging market is likely to continue a consolidation phase as companies look to challenge Amcor’s market dominance, says market intelligence service PCI Films.
Sun European Partners has continued its push to become a major packaging player in Europe after acquiring an Austrian flexible packing firm from Mondi.
Edible oils and fats supplier, AAK, has reported its best ever second quarter, with the bakery industry remaining one of the Swedish ingredients company’s key targets for growth.
Sun European Partners is combining its existing packaging companies to create two European hubs, one to cover its flexible packaging businesses and another to envelop its rigid packaging businesses.
Leading European plastic film producer, RKW, has acquired US barrier film and label manufacturer Danafilms in a move that it claims will give it greater access to the North American market.
UK competition authorities have outlined the reasons behind their backing of DS Smith’s takeover of French company Otor which was approved earlier this month.
DC Norris, SPX Corp, Ball and Harpak are all major players across the packaging and processing industries that have been involved in recent strategic tie up, takeover or merger activity.
