News on Mergers and Acquisitions

Tyrrells Potato Crisps has earlier this month acquired German organic potato chips manufacturer Aroma Snacks GmbH & CO KG.

In South Africa, Famous Brands has acquired 100% of the business of Lamberts Bay Foods, a wholly-owned subsidiary of the Oceana Group Limited (Oceana) manufacturing frozen french fries.

ConAgra Foods, Inc. today announced it has entered into a definitive agreement to sell its Spicetec Flavors & Seasonings business to Givaudan for approximately $340 million.

In response to further market speculation and stakeholder inquiries, Bayer is publicly disclosing the contents of its private proposal to acquire Monsanto.

After Oakville Produce (formerly known as the Moraitis Group) entered receivership earlier this month, questions arise how that could happen to a company good for almost a quarter of the Australian Potato market.

Bayer AG is exploring a potential bid for U.S. competitor Monsanto Co. in a deal that would create the world’s largest supplier of seeds and farm chemicals, according to people familiar with the matter.

KWS is selling its conventional seed potato business to Stet Holland B.V. An agreement to that effect was signed yesterday. The transaction is expected to be completed by mid-2016.

Tong engineering announces the expansion of its range of vegetable processing equipment through a partnership with Netherlands-based food processing equipment manufacturer, Marcelissen.

McCain Foods Limited and TowerBrook Capital Partners L.P. have announced that they have agreed terms for the sale of a majority stake in Van Geloven B.V. to McCain

Snyder's-Lance, Inc. (NASDAQ: LNCE) announced today the completion of its acquisition of Diamond Foods, Inc. (NASDAQ: DMND) ('Diamond Foods' or 'Diamond').

The owner of Germicopa, Florimond Desprez has acquired 49% of the shares in Danespo from DLG, thus entering into an equal partnership with DLF who owns another 49% of the shares. The remaining 2% are owned by growers and employees.

Syngenta today announced that ChemChina has offered to acquire the company at US$ 465 per ordinary share plus a special dividend of CHF 5 to be paid conditional upon and prior to closing.

ConAgra Foods, Inc. (NYSE:CAG) announced today the completion of the sale of its private label operations to TreeHouse Foods for proceeds of $2.7 billion in cash, excluding transaction-related expenses and subject to post-closing adjustments.

A meeting date of February 26, 2016 is set for the vote of the stockholders of Diamond and Snyder's-Lance to vote on approving the recently announced acquisition of Diamond Foods by Snyder's-Lance, Inc.
Snyder's-Lance also announced estimated preliminary unaudited net sales for the full year of $1.66 billion

Diamond Foods, Inc. today announced that it has acquired a 26% stake in Metcalfe’s skinny Limited, owner of Metcalfe’s skinny Popcorn, a premium ready-to-eat popcorn brand in the United Kingdom

Conagra Foods announces plans to separate into two independent public companies, Conagra Brands ('Diverse portfolio of Leading Brands') and Lamb Weston ('Leading Foodservice Supplier of Frozen Potatoes')

tna announces the expansion of its family of brands with the acquisition of Unique Solutions®, a leading provider of value-added inserts and onserts which are dispensed and/or applied using Unique Solutions’ full range of inserting and labeling equipment.

Cara Operations Limited completes acquisition of New York Fries, Canada's premium fresh cut french fry chain.