M&As this week: Charoen Pokphand Foods, Smithfield Foods, Elior Group
Thai-based Charoen Pokphand Foods (CPF) has reached an agreement to acquire US frozen food company Bellisio Parent for $1bn within 180 days.
Focus:
Thai-based Charoen Pokphand Foods (CPF) has reached an agreement to acquire US frozen food company Bellisio Parent for $1bn within 180 days.
Generation Growth Capital, a private equity firm based in the US, has invested in Select Food Products through a fund it manages, named Generation Growth Capital Fund III, LP.
Celanese, a global technology and specialty materials company, has announced that the US International Trade Commission (USITC) has ordered an investigation into the unlawful importation into the US of certain...
Researchers in Queensland will be investigating on new methods for producing next generation of superfoods such as nutrient-rich fruit, vegetables and nuts, to strengthen State’s agricultural sector.
Asian food service company Jollibee Foods (JFC) has secured governmental and regulatory approvals in China for the transfer of assets in Happy Bee Foods Processing, through its subsidiary Jollibee Worldwide...
US-based Sunrise Strategic Partners has made a minority investment in Maple Hill Creamery (Maple Hill), a producer of grass-fed organic dairy items.
Beston Global Food Company (BFC) has signed distribution and partnership agreements with two companies in Vietnam, namely TMT Trading Company (TMT) and Vietnam Beef Business (VBBC).
Elior Group has entered the Indian food industry by acquiring contract caterers MegaBite Food Services and CRCL.
US-based B&G Foods has completed the acquisition of the spices and seasonings business of ACH Food Companies for $365m, subject to a customary adjustment based upon inventory at closing.
Global food company Smithfield Foods has initiated the process to pork product manufacturer Clougherty Packing from US-based Hormel Foods for $145m, pending capital adjustments at closing.