M&As this week: Kettle Foods, Smithfield Foods, Zomato Media


Snacks producer and marketer Kettle Foods has acquired Cornpoppers, a popcorn manufacturer and distributor.

Both the companies involved in the transaction are based in the UK.

US-based Smithfield Foods has reached a share purchase agreement to acquire the complete share capital of Romania-based packaged meat manufacturing facility operators Elit and Vericom.

Smithfield Foods is an indirect wholly owned subsidiary of WH Group.

Online restaurant discovery and food ordering platform Zomato Media has acquired a minority stake in Vicinia Retail, which owns and operates online food ordering platform TinMen.

Both the companies involved in the transaction are based in India.

"Kerevitas Gida has concurrently agreed to raise YTL17.7m ($5.05m) in a rights offering."

Zhejiang Huatong Meat Products plans to acquire 70% stake in Jiande Municipal New Food from Cheng Zhengrong for CNY10.9m ($1.65m).

All the companies involved in the transaction are based in China.

Jiande Municipal New Food manufactures meat products, while Zhejiang Huatong Meat Products specialises in feed processing, livestock and poultry breeding, livestock slaughter and processing, and meat product processing.

Kerevitas Gida Sanayi ve Ticaret has agreed to acquire Besler Gida ve Kimya San. ve Tic. from Yildiz Holding, Trade Turk Gida, Metin Yurdagul, Ataman Yildiz, Murat Ulker, Ahsen Ozokur, Orhan Ozokur, and Fatma Betul Ulker for YTL904.5m ($257.95m).

Kerevitas Gida has concurrently agreed to raise YTL17.7m ($5.05m) in a rights offering.

The company produces frozen fruits and vegetables, while Besler Gida is engaged in the manufacture of vegetable oil and margarine.

All the companies involved in the transaction are based in Turkey.

Packaged foods company Conagra Brands has entered a definitive agreement with private equity firm TPG Growth to acquire Angie's Artisan Treats from the latter.

Angie's Artisan Treats manufactures BOOMCHICKAPOP ready-to-eat popcorn.

Conagra Brands has engaged McGrath North Mullin & Kratz as its legal adviser, while Angie's has engaged Lindquist & Vennum as its legal adviser.

TPG Growth has appointed Houlihan Lokey as financial adviser and Kirkland & Ellis as its legal adviser.

All the companies involved in the transaction are based in the US.