Law 360 M&A

APRIL 4, 2024

Food-processing technology giant JBT Corp. said on Friday that it plans to make a recommended €3.5 billion ($3.8 billion) offer for Icelandic rival Marel HF in May.

Technology 52

Technology 52

Benzinga

DECEMBER 16, 2022

Hormel Foods Corp (NYSE: HRL ) has acquired a minority stake in PT Garudafood Putra Putri Jaya Tbk , one of the largest food and beverage companies in Indonesia. Hormel Foods purchased approximately 29% of the. The financial terms were not disclosed. Full story available on Benzinga.com.

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Sun Acquisitions

FEBRUARY 26, 2024

The food distribution industry is at a critical juncture, grappling with labor shortages that threaten the stability and efficiency of supply chains. The Role of M&A in Addressing Labor Shortages M&A offers a strategic avenue for food distribution companies to acquire technological solutions to mitigate labor shortages.

Technology 52

Technology 52

Mckinsey and Company

SEPTEMBER 7, 2022

An estimated $600 billion worth of food is lost during or just after harvest. Can manufacturers and grocers do anything about it? Definitely—and it will be good for business, people, and the planet.

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Law 360 M&A

MARCH 28, 2024

Ex-WeWork CEO Adam Neumann looks to buy the company back, Chiron Sports Group is in talks to buy Reading Football Club, and the private equity firms Advent and CVC eye a pet food company. Here, Law360 breaks down the notable deal rumors from the past week.

Private Equity Firm 52

Private Equity Firm Equity 52

Peak Business Valuation

JUNE 21, 2023

Accurately assessing the value of food processing equipment is crucial for businesses in the food industry. When it comes to food processing equipment appraisals, Peak Business Valuation is the perfect choice! We are happy to help you in the process of obtaining a food processing equipment appraisal!

Appraisal 52

Appraisal Business Valuation Fair Market Value Marketability 52

Business Wire M&A

MAY 19, 2023

BUSINESS WIRE)-- #USFoods--US Foods Holding Corp. The acquisition, which is the first for the company since April 2020 and the first under CEO Dave Flitman’s leadership, will allow US Foods to further expand its reach into central upstate New York where the company does not have a distribution center. ROSEMONT, Ill.--(BUSINESS

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Benzinga

JUNE 30, 2022

MamaMancini's Holdings Inc (NASDAQ: MMMB ) has agreed to acquire a 24% minority interest in Chef Inspirational Foods, Inc. Founded in 2008, CIF sells fresh and frozen prepared foods for the supermarket, club store, and distributor trade across. CIF) for an investment of $1.2 Full story available on Benzinga.com.

Enterprise Value 98

Enterprise Value 98

ThomsonReuters

APRIL 13, 2023

17, 2023) Available at [link] In a heavily redacted private letter ruling, the IRS has concluded that the cost of a product that was “neither medicine nor a drug but rather food” was not a medical care expense under Code § 213(d). 4 (“Special Foods”), and XX.M (“Table of Common Expenses, Showing Whether They Are for ‘Medical Care’”).

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Law 360 M&A

MARCH 14, 2024

a company that operates mobile food delivery and ride-hailing services, but retained allegations that several sections of a proxy statement Grab filed with a special purpose acquisition company were false and misleading. A New York federal judge has trimmed a suit against Grab Holdings Ltd.,

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Sun Acquisitions

MARCH 1, 2024

A leading provider of commercial food-service furniture solutions initiates sell-side engagement managed by Sun Acquisitions. With over three decades of industry expertise, they have established themselves as a trusted source for a comprehensive range of furniture offerings tailored to the needs of businesses across various sectors.

B2B 59

B2B Marketability 59

NYT M&A

JANUARY 26, 2024

Major Food Group, the team behind Carbone, plans to help Altamarea Group open Marea satellites around the world.

Mergers & Acquisitions 63

Mergers & Acquisitions 63

Benzinga

APRIL 10, 2023

Save Foods, Inc. NASDAQ: SVFD ) has acquired 30 million common shares of Plantify Foods, Inc. million shares of common stock of Save Foods. Plantify Foods, Inc, is based in. at a purchase price of CA$0.05 Plantify's shares were acquired in exchange for 1.16 The acquisition was completed on March 31, 2023.

Marketability 52

Marketability 52

Benzinga

JANUARY 5, 2023

Food Distributor SpartanNash (NASDAQ: SPTN ) has acquired Great Lakes Foods , an independent grocery wholesaler, for an undisclosed sum. The company will also acquire Great Lakes' 300,000-square-foot distribution center in Menominee, Michigan.

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Mckinsey and Company

APRIL 26, 2022

The war in Ukraine poses a looming threat to the worldwide food supply. Here’s what’s at stake—and what might be done to help.

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Benzinga

NOVEMBER 26, 2023

26, 2023 (GLOBE NEWSWIRE) -- The global food fortifying agents market refers to the market for substances added to food to enhance its nutritional content. Food fortifying agents are used to address nutrient deficiencies and improve the overall nutritional profile of food products. Chicago, Nov. from 2022 to 2027.

Marketability 49

Marketability 49

Benzinga

JANUARY 30, 2024

30, 2024 (GLOBE NEWSWIRE) -- Generation Food Rural Partners I, LP ("GFRP") has expanded its portfolio with its agreement to acquire Pittsburgh-based DisSolves, Inc. DisSolves was founded to reimagine food packaging in a way that's both safe and environmentally friendly," shares Jared Raszewski. NEW YORK, Jan.

Technology 40

Technology Marketability 40

Law 360 M&A

JANUARY 22, 2024

A poultry rendering company suing Tyson Foods for allegedly kneecapping the firm to force a dramatically undervalued buyout said that Tyson intentionally tried to "minimize" pricing impacts in justifying the deal to antitrust enforcers.

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Benzinga

DECEMBER 27, 2023

27, 2023 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. WFCF) (NASDAQ: WFCF ), the most trusted resource for independent, third-party verification of food production practices in North America, today announced it has acquired the Upcycled Certified® Program from the Upcycled Food Association. CASTLE ROCK, Colo.,

Marketability 52

Marketability 52

National Law Review M&A

JUNE 8, 2022

Schultz Jurisdiction: All Federal Type of Law: Biotech, Food, Drug Mergers & Acquisitions Corporate & Business Organizations Insurance Reinsurance & Surety Tax

Mergers & Acquisitions 84

Mergers & Acquisitions 84

Benzinga

AUGUST 1, 2022

New Mountain Capital, a growth-oriented investment firm, has agreed to acquire PerkinElmer Inc's (NYSE: PKI ) Applied, Food, and Enterprise Services businesses for up to $2.45 The business is a carve-out from the Discovery & Analytical Solutions segment of PerkinElmer.

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Mckinsey and Company

JANUARY 19, 2023

Using the history of common foods and goods, Ha-Joon Chang explains the economics of industrial policy and the relationship between freedom and capitalism.

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Benzinga

JUNE 5, 2023

Papa John's International Inc (NASDAQ: PZZA ) has acquired the restaurants previously operated by the M25 division of Drake Food Service International (DFSI) in the U.K. Financial terms of the transaction were not disclosed. The transition of restaurants will establish a portfolio of company-owned restaurants in the market.

Marketability 80

Marketability 80

Benzinga

JANUARY 22, 2024

22, 2024 (GLOBE NEWSWIRE) -- Fengate Private Equity ("Fengate"), a division of Fengate Asset Management, today announced it has completed the acquisition of Saco Foods Holdings, LLC ("Saco" or "the Company") from Benford Capital Partners. MIDDLETON, Wis., Fengate is partnering with Weathervane Investment Corp.

Equity 40

Equity 40

Benzinga

DECEMBER 4, 2023

NYSE: POST ) ("Post"), a consumer packaged goods holding company, announced today it has completed the previously announced acquisition of the assets of Perfection Pet Foods, LLC, effective December 1, 2023. LOUIS, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Post Holdings, Inc. About Post Holdings, Inc. Post Holdings, Inc., headquartered in St.

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Benchmark Report

JUNE 1, 2022

The global food & beverage services market is forecast to grow from $3,232.94 billion in 2021 to $3,678.61 billion in 2022. That represents a compound annual growth rate (CAGR) of 13.8%. By 2026, the market is expected to surge to $5,235.52 billion at a CAGR of 9.2%.

Marketability 52

Marketability Technology 52

Mckinsey and Company

JUNE 1, 2022

Retailers and restaurants have an opportunity to give Black consumers equitable access to the foods they want.

Equity 90

Equity 90

Mckinsey and Company

AUGUST 17, 2022

Geopolitical and climatic events are impacting the food system’s resilience. Here’s what happened this year, what may come next year, potential consequences, and considerations that may mitigate the impact.

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Benzinga

DECEMBER 19, 2023

Archer-Daniels-Midland Company (NYSE: ADM ) disclosed the acquisition of Revela Foods for an undisclosed amount. The acquisition will boost the company's global flavor portfolio. Revela is a Wisconsin-based developer and manufacturer of innovative dairy flavor ingredients and solutions, with projected sales of around $240 million in 2023.

Equity 52

Equity Marketability 52

Benchmark Report

JULY 6, 2023

Benchmark International has successfully facilitated a transaction between Sunny Morning Foods, Inc. Fort Lauderdale, FL) and Burris Logistics (Milford, Delaware).

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Mckinsey and Company

NOVEMBER 16, 2022

Many people think that hunger and climate change happen to poor people in faraway countries and won’t affect them, says a leading food systems expert. But that is a naïve perception of the world.”.

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Benzinga

APRIL 25, 2022

LAS VEGAS, April 25, 2022 (GLOBE NEWSWIRE) -- HF Foods Group Inc. NASDAQ: HFFG ), a leading food distributor to Asian restaurants across the United States ("HF Foods", "HF Group" or the "Company"), announced today that it has entered into an agreement (the "Agreement") to acquire substantially all of the assets of Sealand Food, Inc.

Marketability 40

Marketability 40

Benzinga

NOVEMBER 1, 2022

NASDAQ: CHEF ) has acquired specialty food distributor Chef Middle East (CME) from Gulf Capital, an alternative asset management firm in the Gulf and Southeast Asia. It provides specialty food products to higher-end restaurants, Full story available on Benzinga.com. The Chefs' Warehouse, Inc.

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Mckinsey and Company

JUNE 13, 2023

A startling amount of food is lost in Southeast Asia as the region’s population steadily increases. Remedying this is within reach—but needs alignment between different players in the value chain.

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Benzinga

FEBRUARY 23, 2024

23, 2024 (GLOBE NEWSWIRE) -- Regency Centers has acquired the land on which it plans to develop Cheshire Crossing, a 152,000-square foot shopping center anchored by Whole Foods Market in Cheshire, CT. CHESHIRE, Conn., This destination will be the retail component of a master-planned community known as Stone Bridge Crossing.

Marketability 40

Marketability 40

Benzinga

DECEMBER 26, 2023

NYSEAM: DDC ) ("DayDayCook," "DDC," or the "Company"), a leading content-driven food consumer brand, today announces it has entered into an agreement to acquire Yai's Thai, Inc., a leading Thai American food brand. Yai's Thai is a leading Thai American food brand, with anticipated revenues of $8M-$10M in 2023.

Finance 40

Finance Marketability 40

Mckinsey and Company

FEBRUARY 1, 2023

The chief digital officer of a Thai incumbent catering to the food services sector explains how the company’s B2B spin-off combines the best of the start-up and enterprise worlds.

B2B 65

B2B Start-ups 65