PepsiCo, Inc. has announced that it has entered into a definitive agreement to acquire poppi, a fast-growing prebiotic soda brand, for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The…
Acquisition
DB Schenker, one of the world’s leading logistics service providers, has announced the completion of its previously announced acquisition of USA Truck, a leading capacity solutions provider. The transaction was approved by USA Truck’s stockholders at a special meeting of…
Adani Wilmar (AWL), one of India’s leading FMCG companies, has signed a definitive agreement to acquire G D Foods Manufacturing (India) (GD Foods) in a strategic move to expand its value-added food product portfolio. This acquisition aligns with AWL’s long-term vision…
Flowers Foods, Inc. has recently announced that it has completed the acquisition of Simple Mills, a market-leading natural brand offering premium better-for-you crackers, cookies, snack bars, and baking mixes. “The addition of Simple Mills to our brand portfolio increases our…
Valio acquires Raisio’s plant protein business, the related fixed assets and the Härkis® and Beanit® fava bean brands. The fixed assets include the production equipment of the factory that makes plant protein products in Kauhava. In connection with the acquisition,…
Kezzler, a global leader in traceability innovation and digital product experiences, has significantly strengthened its global footprint and expanded its product offering with the acquisitions of Scanbuy’s Smart Packaging and QR Code consumer engagement business. Scanbuy’s customers will now have…
ITC has signed definitive agreements for the acquisition of Prasuma, a leading player in the frozen, chilled, and ready-to-cook foods space in India. Prasuma, a specialist in oriental cuisine (viz. momos, baos, Korean fried chicken), high-quality delicatessens and raw meats,…
Duravant LLC, a global engineered equipment and automation solutions provider to the food processing, packaging, and material handling sectors has announced that it has entered into a definitive agreement to acquire the Pattyn Group BV, a designer and manufacturer of…
Solina, a leader in the global food industry specializing in savory food solutions, has acquired U.S.-based Sokol Custom Food Ingredients, further expanding its presence. This is on the heels of Solina’s December 2024 acquisition of Advanced Food Systems, Inc. (AFS),…
Mérieux NutriSciences, a global leader in food safety, quality, and sustainability, has announced the completion of its acquisition of Bureau Veritas’ food testing activities in Japan, Morocco, Southeast Asia, and South Africa. Following the recent finalization of the deal in…
Americold Realty Trust, a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses has announced plans to develop a cold storage facility for its first Import-Export Hub in…
Kelly Spicers, a leading West Coast distributor of paper, packaging, wide format products, and facilities solutions has announced that it has acquired Creative Packaging Group, an independent packaging distributor with customers across the Rocky Mountain region. Creative Packaging specializes in…
GrubMarket, the AI-powered technology enabler and digital transformer of the American food supply chain industry, as well as one of the largest private food eCommerce companies globally, has announced it has completed the acquisition of Gilroy, CA-based Sally Produce, one…
Global sweet-packaged food company Ferrero Group has announced it has signed an agreement to acquire Power Crunch from Bio-Nutritional Research Group, Inc. Founded in 1996, Power Crunch has seen strong growth recently driven by its portfolio of popular protein snacks,…
Reliance Consumer Products Limited (RCPL), has announced the acquisition of SIL brand, a well-established food brand with a legacy of delivering quality products. This strategic move is aimed at expanding and strengthening the RCPL’s position. In the fast-growing consumer products…