M&As this week: Maple Leaf Foods, Montezuma’s, Kellogg Company
Maple Leaf Foods has acquired VIAU Foods for C$215m ($162m), which also includes Maple Leaf stock of C$30m ($22m).
Focus:
Maple Leaf Foods has acquired VIAU Foods for C$215m ($162m), which also includes Maple Leaf stock of C$30m ($22m).
Fonterra Co-operative Group Limited intends to raise NZ$150m ($99.5m) through a private placement of senior bonds.
Lipari Foods LLC has completed the acquisition of Heagy Foods Inc, including the Guernsey’s Gift brand, for an undisclosed sum.
Cargill and DSM have announced their plans to form a new joint venture company called Avansya to produce low-cost, zero-calorie sweeteners for food and beverage manufacturers.
The Competition and Markets Authority (CMA) of the UK has cleared Barry Callebaut's acquisition of selected Burton's foods manufacturing assets.
Flowers Foods has signed a definitive agreement to purchase gluten-free baking company Canyon Bakehouse for around $205m.
Global meat processing company Danish Crown has signed an approximately €300m supply agreement with Alibaba’s Win-Chain.
Global food and beverage company PepsiCo has announced plans to acquire Pipers Crisps in the UK in an effort to expand its snacking portfolio.
Deutsche Investitions- und Entwicklungsgesellschaft (DEG) has agreed to provide a long-term loan to Peru-based agricultural company Agricola Pampa Baja.
Global plant-based ingredients provider Roquette has signed an agreement with ingredients distributor Azelis.