In an effort to streamline its portfolio, ingredient manufacturer Kerry has entered into exclusive negotiations to sell its sweet ingredients business to food ingredient company IRCA for €500m ($538m).
After two years of focusing internally to navigate pandemic-related supply chain, labor and other challenges, Keurig Dr Pepper will begin to look outward once again for inorganic opportunities, including mergers & acquisitions, partnerships and minority...
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 temporary freeze on mergers and acquisitions in the food and beverage space seen in the early days of the coronavirus outbreak is long gone as deal making in the segment rebounded in 2021 to levels rivaling pre-pandemic – but many of the companies...
In a sign of further consolidation within the CBD/hemp products industry, THC Farmaceuticals Inc has announced it has acquired a contract manufacturer in Southern California.
In an era when consumers prize “buying local,” regional brands looking to expand and national companies seeking a toehold in area markets must carefully craft partnerships that will spur growth without alienating consumers who are attracted to homegrown...
The Nutrition Capital Network reports that mergers and acquisitions activity in branded natural and organic food & beverage companies is on a record-setting pace for 2015. In addition, NCN reports rapid growth in financings in the emerging world of...
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.
The number of mergers and acquisitions in the US nutrition, health and wellness market was down by almost 40% in the first half of 2012*, according to Nutrition Capital Network (NCN).
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
As the year draws to a close, FoodNavigator-USA looks back at some of the top stories of the year and the biggest deals across the industry – and why not test your knowledge with our 2011 food quiz?
Food and beverage executives intend to significantly increase merger and acquisition activity and have the money to do so, according to a recent survey from KPMG.
Food industry executives expect to see increased profitability in the sector this year, although many think it may be difficult to sustain, according to a new survey from KPMG International.
It has been a bumpy ride over the last few months for mergers and acquisitions. The global credit crisis has cut into financing opportunities, while some high-profile deals have been stalled or even terminated.
This week, Flower Foods bakery continues its geographical expansion
plans with its acquisition of ButterKrust bakery, and Kellogg
acquires a major Chinese cookie company.
The number of mergers and acquisitions in the North American food
industry continued to grow in 2007, continuing the rapid pace of
consolidation that began in 2006, according the latest edition of
the annual food business survey by...
Ajinomoto plans to merge with Japanese compatriot Calpis, in a
bid to further its transformation into a health and nutrition
company and develop more value-added products to meet market
demands.
Mergers and acquisitions in the food industry in 2006 took a turn
up compared to the year before, with almost one third of all
activity occurring in the food processing sector, according to a
new guide by the The Food Institute.
The Food Products Association (FPA) and the Grocery Manufacturers
Association (GMA) have agreed in principle to merge the two
organizations effective 1 January, 2007.
Germany's third-largest chemicals company Degussa has taken a €500
million charge in its fine chemicals business unit as it continues
to feel the impact of adverse changes in market conditions.
US firm Technology Flavors & Fragrances continues to falter in
2003 with a 70 per cent decrease in net income for the second
quarter, a decrease in net sales of 5.7 per cent and rising
operating costs.
