Constellation Brands offloads Canadian whisky brand Black Velvet for US$266m

USA – Constellation Brands has entered into an agreement to sell Black Velvet Canadian Whisky to US distilled spirits supplier Heaven Hill Brands for approximately US$266 million. The transaction, which is subject to regulatory approvals, […]

AB InBev acquires Platform Beer Co to expand capabilities in US

USA – Belgium based multinational drink and brewing holdings company Anheuser-Busch (AB InBev) has acquired Cleveland-based Platform Beer Co as it seeks to tighten its grip in the US craft beer sector. The deal, whose […]

US private equity firm acquires meatpacker Strauss Brands, plans new facility

USA – Strauss Brands LLC, a specialty meatpacker in Franklin has been acquired by a Texas based private equity firm Insight Equity Holdings. Insight Equity bought a majority share holing in the organics beef producer […]

Sara Lee to acquire Hostess Brands instore bakery business for US$65m

USA – Sara Lee Frozen Bakery, a Chicago headquarter leader in frozen bakery and dessert sector, has entered into an agreement with Hostess Brands to acquire Superior Cake Products in-store bakery business for US$65 million. […]

Ardent Mills acquires Oregon elevator to expand organic capabilities

USA – Ardent Mills has announced that it has acquired a grain elevator in Klamath Falls, Oregon, expanding its capabilities in organic and specialty grains in the market. The investment whose financial details were not […]

Lactalis Group acquires Ehrmann AG’s US yoghurt business

USA – French dairy corporation, Lactalis Group has acquired Ehrmann Commonwealth Dairy, the U.S. yogurt business of German-based dairy company, Ehrmann AG. The transaction whose terms were not disclosed was completed on July 5, 2019 […]

TreeHouse Foods sells snacks business to Atlas Holdings for US$90m

USA – Packaged Foods company, TreeHouse Foods has sold its snacks business to private investment and equity firm Atlas Holdings LLC for US$90 million. The company said the transaction which is subject to post-closing adjustments […]

Dairy Farmers of America mulls merger with US dairy cooperative

USA – Dairy Farmers of America (DFA) plans to merge with Vermont-based dairy cooperative, St Albans Cooperative Creamery (SACC). SACC’s board of directors have voted to recommend the merger which will involve the co-op’s leaders, […]

Campbell completes sale of Bolthouse Farms for US$510m

USA – Campbell Soup has announced that it has completed the sale of its Bolthouse Farms business to Los Angeles-based private equity firm Butterfly for a purchase price of US$510 million. The transaction subject to […]

Brenntag secures AB Enzymes’ distribution deal in US and Canada

USA – The Brenntag Food & Nutrition business unit of the Brenntag Group has secured deal to distribute AB Enzymes’ product line in the United States and Canada. The deal combines capabilities in this market […]