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The Wall Street Journal: Hormel to buy organic meat maker Applegate for $775 million
2015-05-27 00:18:58| Food - Topix.net
Hormel Foods Corp. agreed to buy Applegate Farms LLC for about $775 million, a move that would give the maker of Spam a foothold in the organic-meats category. paid $7.7 billion for Hillshire Brands Co., which makes Jimmy Dean sausages, and Post Holdings Inc. bought egg and dairy-goods company Michael Foods Group Inc. A change in consumer eating habits is underpinning consolidation in the sector.
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Baring Private Equity Asia nears 40 percent buy of cereal maker Weetabix - Bloomberg
2015-04-20 19:22:39| Agriculture - Topix.net
Baring Private Equity Asia is nearing deal to buy 40 percent of Weetabix Ltd, the UK's second-largest branded manufacturer of cereals and cereal bars, Bloomberg reported on Monday, citing people with knowledge of the matter. The deal is expected to value Weetabix, whose brands include Alpen, Ready brek, Weetos, Oatibix and Alpen cereal bars, at about 1.28 billion pounds , the news service said.
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Nomad Holdings to buy UK frozen foods maker Iglo for $2.8 billion
2015-04-20 17:35:27| Industrial Machines - Topix.net
The deal is expected to be funded through a combination of Nomad's cash on hand, equity, and the proceeds from a private placement to raise about $750 million, Nomad Holding, an acquisition company formed in April 2014, said on Monday. UK-based Iglo sells its frozen food such as fish, vegetables and meat across 12 European countries, with a focus on the United Kingdom, Germany and Italy where it has manufacturing plants.
Nomad Holdings to buy UK frozen foods maker Iglo for $2.8 billion
2015-04-20 17:26:04| Appliances - Topix.net
The deal is expected to be funded through a combination of Nomad's cash on hand, equity, and the proceeds from a private placement to raise about $750 million, Nomad Holding, an acquisition company formed in April 2014, said on Monday. UK-based Iglo sells its frozen food such as fish, vegetables and meat across 12 European countries, with a focus on the United Kingdom, Germany and Italy where it has manufacturing plants.
McCormick to buy Italian spice maker Drogheria & Alimentari
2015-02-20 17:54:10| Food - Topix.net
McCormick & Co. Inc. is adding some Italian flavor to its portfolio of spices. The Sparks-based company on Friday announced it has agreed to acquire Drogheria & Alimentari for $97 million.