Private-equity firm Forward Consumer Partners acquired artisan baker, Firehook Bakery, marking the first acquisition of the company’s $425m initial fund, the firm’s founder and managing partner, Matt Leeds, told FoodNavigator-USA.
CPG startups that have adjusted to a new reality of lower funding and focusing on profitability might have reason to be optimistic about the future of raising money, as two venture-capital investors told FoodNavigator-USA in separate interviews during...
Greek yoghurt brand Ellenos has received a boost from Equilibra Partners Management, the family office of social entrepreneur and snack disrupter Daniel Lubetzky, founder and executive chairman of Kind Snacks.
Stacy’s Pita Chips has released three designer bags in Kroger’s US stores in honor of the November 19 celebration and PepsiCo's broader WomanMade platform.
From better-for-you to permissible indulgence, snack SKUs have ballooned in recent years. The Colorado investment firm tells BakeryandSnacks what makes a brand worthy of investment.
VMG Partners, a private equity firm specializing in better-for-you food and beverage brands since 2005, announced its acquisition of popchips and the launch of an investment arm and incubator for the next snacking era.
CH Guenther & Sons (CHG), which supplies buns and English muffins to quick-serve restaurants (QSR) and grocers, has finalized a deal to acquire Mid South’s extensive bun business, including the supply of 3,500 McDonald’s restaurants across the US.
Being part of a multinational company will enable Enjoy Life Foods to significantly boost its distribution and accelerate the innovation process, chief marketing officer Joel Warady told FoodNavigator-USA after the allergen-friendly firm announced that...
Weetabix has confirmed it has started a consultation with its UK staff to cut pay and working hours in response to increasing pressure from supermarket own-label products and the discounters.
France’s leading private label snack maker Europe Snacks has been sold by private equity firm IK Investment Partners to another private equity company Apax Partners.
Rumours persist that one of India’s leading bakery and condiments companies is looking to sell off the controlling stake in its biscuits business to private equity investors.
Kraft Foods has agreed to divest a controlling stake in its Back to Nature brand food business for an undisclosed sum ahead of the company’s split in October.
Is there appetite for M&A activity in 2012? Food market watchers reckon the sector could see some heavyweight deals next year despite the on-going credit lending challenges.
Day-to-day operations of UK-based packaging giant Linpac will not be affected by the decision of a private equity firm to sell its stake in a debt-restructuring deal, FoodProductionDaily.com understands.
Cash, cash, cash. Castigated as simple asset-strippers out to make
a quick buck, the entrance of private equity onto the food industry
stage has participants chattering in the wings.
US private equity group Apax last week announced its plans to
expand into the Spanish bakery market, after signing an agreement
to purchase Spanish bakery Panrico.
The decrease in merger and acquisition activity in the European
food processors market in 2004 appears to have been a pause as
buyers digest previous purchases before filling up on further deals
this year, PricewaterhouseCoopers (PWC)...
Private equity moves deeper into food ingredients industry, with
European equity provider ABN AMRO Capital buying up ingredients
distributor IMCD from AlpInvest Partners, reports Lindsey
Partos.
The planned floatation of the UK's RHM on the London Stock Exchange
later this month is part of a cluster of current deals underway in
the food sector involving investment firms.
Chr Hansen is already on the look out for new acquisitions as the
firm enjoys a fresh financial thrust from its new private equity
owners, PAI partners, reports Lindsey Partos.
Dutch bakery ingredients leader CSM continues to shed activities in
non-core countries, selling off its Swedish subsidiary BakeMark
Sweden to private equity group Accent, Lindsey Partos
reports.
Irish-based international paper and packaging giant Jefferson
Smurfit Group (JS) has announced that it has received a bid
approach from US private equity firm Madison Dearborn Partners.
