M&As this week: Ter Beke, KEEN Growth, Hain Celestial Group
Ter Beke has completed the acquisition of the remaining 67% stake in Stefano Toselli (SAS) from GS & DH HOLDINGS.
Based in Belgium, the acquirer is engaged in the manufacture and sale of processed meat products and ready-made meals, while SAS is a French prepared meals producer.
KEEN Growth Capital has bought a material interest in O’Dang Hummus.
KEEN Growth Capital is an investment fund focused on food and wellness brands, while the target company produces premium hummus.
Both the companies involved in the transaction are based in the US.
Hain Celestial Group has completed the acquisition of Oregon-based prepared beans selling company Better Bean.
The acquisition was made through the company’s Hain Celestial’s Cultivate Ventures platform.
Based in the US, Hain Celestial aims to increase its store perimeter product offerings through the acquisition.
European Organisation for Nuclear Research (CERN), Aurum Agrar, Stefan Jentzsch, Golien, Forbes Herbert Elworthy and other smaller investors have purchased Craigmore Dairy II.
The target company was acquired from Michael Prattley and Anne Prattley for $18.2m.