Acquisition accelerates KIND's entry into new categories
October 23, 2019
KIND Healthy Snacks (KIND) has announced the acquisition of Creative Snacks Co., a family owned better-for-you snack manufacturer based in North Carolina. Creative Snacks' award-winning snack offerings feature premium ingredients and include almond and coconut nut clusters, trail mixes, granolas, and pretzels.
Hometown Food Company ("Hometown Foods"), a wholly-owned portfolio company of Brynwood Partners VII L.P. and Brynwood Partners VIII L.P., is pleased to announce that it has acquired the Arrowhead Mills and SunSpire brands from The Hain Celestial Group, Inc. for $15 million subject to customary post-closing adjustments.
Former Arctic Zero CEO, Amit Pandhi, to lead new venture poised to grow iconic snack brands
October 11, 2019
VMG Partners, a private equity firm specializing in building iconic consumer brands in the food and beverage, personal care and beauty, pet food and wellness categories, recently announced the debut of a new branded snacking platform, Velocity Snack Brands (VSB).
The Hershey Company (NYSE: HSY) announced the completion of its acquisition of ONE Brands, LLC, the maker of a line of low-sugar, high-protein nutrition bars for a purchase price of $397 million, or approximately $325 million net of tax benefits.
AAK is set to become one of the world’s leading suppliers of speciality lecithin after acquiring a majority stake in UK-based Soya International. The business will trade under a new name – AAK Soya International Ltd.
Platform acquisition marks newest addition to growing baked goods portfolio
September 18, 2019
Swander Pace Capital, a private equity firm specializing in investments in consumer products companies, announced that it has acquired Café Valley, a manufacturer of croissants, cakes, muffins, and other sweet baked goods to retail and foodservice channels across the United States and Canada.
Campbell Soup Company (NYSE:CPB) announced it has signed an agreement for the intended sale of its European Chips Business to Valeo Foods, a portfolio company of CapVest Partners LLP, for approximately £66 million (approximately $80 million based on current exchange rates).