Inspire Brands, Inc. (“Inspire”) and Dunkin’ Brands Group, Inc. (“Dunkin’ Brands”) (NASDAQ: DNKN), parent company of Dunkin’ and Baskin-Robbins, announced that they have entered into a definitive merger agreement under which Inspire will acquire Dunkin’ Brands for $106.50 per share in cash in a transaction valued at approximately $11.3 billion including the assumption of Dunkin’ Brands’ debt.
CORE Industrial Partners LLC (“CORE”), a Chicago-based private equity firm, announced recently that it has acquired J&K Ingredients Corp, (“J&K Ingredients” or the “Company”), a manufacturer of baked goods ingredients with an emphasis on natural, organic and clean label products.
Founder Tara Bosch will remain with the company, focusing on innovation, strategic initiatives.
October 28, 2020
TPG Growth received its stake from SmartSweets’ management and other shareholders. Tara Bosch, who founded SmartSweets in 2015, will remain the largest individual shareholder.
Schenck Process Group (SPG) has reached an agreement to acquire Baker Perkins, a global supplier of food processing equipment and aftermarket services for the bakery, confectionery, biscuit, cookie and cracker, breakfast cereal and pet food end-markets.
CSM Bakery Solutions, a global supplier of bakery ingredients, products and services, has announced that it has reached an agreement to sell its European and International Bakery Ingredients business to an investment subsidiary of Investindustrial VII L.P. (“Investindustrial”).
Transaction adds RSi's best-in-class supply chain solutions to IRI's technology, retailer data and broader suite of solutions
October 15, 2020
IRI, a global leader in innovative solutions and services for consumer, CPG, retail and media companies, has announced that it has acquired Retail Solutions, Inc. (RSi), a provider of supply chain solutions for CPG manufacturers and retailers.
Engelman Baking Co., LLC (“Engelman’s”), a wholesale bakery offering a complete line of high-quality breads, loaves and rolls, recently announced the acquisition of H&F Bread Company (“H&F”), a wholesale bakery offering artisan breads primarily to restaurants across the state of Georgia.
CTH Invest also to take over production facilities in Kirkham, Batley in the UK.
October 7, 2020
CTH Invest, a Belgian holding group associated with Ferrero Group, announced it will acquire Fox’s branded and retailer own-brand biscuit business from Northern Food Grocery Group Limited.
Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”) has announced that its subsidiary Utz Quality Foods, LLC has entered into a definitive agreement with Conagra Brands, Inc. (NYSE: CAG) to acquire certain assets of the H.K. Anderson business, a brand of peanut butter-filled pretzels.