Conagra Brands Inc. has announced that it will be buying Pinnacle Foods Inc. for about $8.1 billion, making Conagra the No. 2 U.S. frozen food maker by sales, after Nestle.
Tyson Foods, Inc. has entered into an agreement to sell its Sara Lee Frozen Bakery and Van’s businesses to private equity firm Kohlberg & Company, the company announced.
Limagrain Céréales Ingrédients (LCI) is taking a major step towards internationalization by announcing that it has entered into an agreement to acquire 100 percent shares of Unicorn Grain Specialties from Nordian Capital.
PepsiCo, Inc. has announced it has entered into a definitive agreement to acquire Bare Foods Co. (doing business as Bare Snacks), a U.S.-based maker of baked fruit and vegetable snacks.
Tate & Lyle PLC (Tate & Lyle) has entered into an agreement to acquire a 15 percent equity holding in Sweet Green Fields, one of the largest privately held, fully integrated global stevia ingredient companies.
The move prevented a previous attempt by a Boston investment firm to buy the embattled confectionery company. The Spangler purchase was scheduled to close May 25.
Anita’s Mexican Foods, Corp., a privately-owned, family-run snack food manufacturer based in San Bernardino, CA, is broadening its reach from the west coast to Tennessee with the acquisition of leading manufacturer and distributor Kingsport Food Company’s assets.