Kite Hill has raised $40m through a funding round led by 301 INC.

The funding round also involved participation from CAVU Venture Partners.

Kite Hill is a producer of alternative dairy products with plant-based ingredients using traditional methods.

CAVU is a venture capital firm which focuses on investments in food and beverage companies, while 301 Inc is a venture capital arm of General Mills Inc.

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

AUA Private Equity Partners’ portfolio company Indulge Desserts Holdings, LLC has acquired 100% assets of Joey’s Fine Foods, Inc for an undisclosed amount.

Joey’s Fine Foods is a producer of high-quality dessert snacking products for club stores, traditional and alternative grocery retailers, as well as foodservice channels.

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

The transaction enables Indulge Desserts to access a new product category for diversifying its business. It will also allow Joey’s Fine Foods to expand its sales into new channels.

Maple Leaf Foods has acquired Cericola Farms’ two poultry plants for an undisclosed sum.

"The transaction enables Maple Leaf to attain additional supply and processing capabilities, as well as improve its leadership in high-value categories.."

Based in the US, Maple Leaf is a consumer protein company engaged in the production of high-quality and innovative products.

Located in Bradford and Drummondville, the plants have an annual collective processing capacity of 32 million kilograms of chicken.

The transaction enables Maple Leaf to attain additional supply and processing capabilities, as well as improve its leadership in high-value categories.

T Marzetti Company has purchased all the assets of Bantam Bagels for $34m.

The transaction also includes contingent consideration of additional earn-out payment based on the future financial performance of the business.

T Marzetti Company is a leading speciality foods company, while Bantam Bagels is a producer and marketer of frozen mini-stuffed bagels and pancakes for retail and foodservice markets.

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

The transaction is expected to expand the Lancaster Colony’s frozen bread products portfolio.

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