M&As this week: Grey Mountain Partners, Rhodes Food Group Holdings, Green Plains
Leading Mediterranean food manufacturer and distributor Kronos Foods has been acquired by private equity firm Grey Mountain Partners for an undisclosed sum.
Focus:
Leading Mediterranean food manufacturer and distributor Kronos Foods has been acquired by private equity firm Grey Mountain Partners for an undisclosed sum.
Bunge Agribusiness Singapore Pte has signed a distribution agreement with Oleo-Fats (OFI) for foodservice, retail and food processor industries in the Asia-Pacific market.
Rhodes Food Group, a South African food producing company, is planning to acquire Durban-based food producer Pakco for R200m ($14.5m).
Grieg NL, a Norway-based fish farming company, specialising in Atlantic salmon, is planning to construct the world’s largest hatchery and nursery facility in Marystown, Newfoundland, Canada, with an investment of...
Stone Canyon Industries, a US-based industrial holding company, has completed the sale of SCI Ingredients and its 100% owned subsidiary Fleischmann's Vinegar to Green Plains for $250m.
Grey Mountain Partners, a US-based private equity firm, has acquired Illinois-based Kronos Foods, a Mediterranean food manufacturer and distributor, primarily serving the foodservice market.
The Bühler Group has opened a new factory in Vietnam's Long An province, in order to serve growing demand for quality rice processing solutions in the region.
Swiss food and drink provider Nestlé and UK-based R&R Ice Cream have created Froneri, a new joint venture offering ice cream, frozen food and chilled dairy products.
Tyson Fresh Meats, a subsidiary of Tyson Foods, is expanding production capacity of its case-ready beef and pork plant in Council Bluffs, Iowa, US, with an investment of $27m.
The United States Department of Agriculture (USDA) has announced $56m in grants to bolster local and regional food systems, and to support farmers' markets, and fund organic research.