News on Mergers and Acquisitions

Swiss technology group Bühler has acquired Esau & Hueber, a German company known for its expertise in hygienic process and fermentation technology across the beverage, food, pharmaceutical, and biotechnology sectors.

Belgian machine builder Sticomax, a leading holding in machine building for the food industry, announces the acquisition of Dutch sector company DutchTecSource (DTS).

Mars, Incorporated has announced a definitive agreement to acquire Kellanova for USD 83.50 per share in cash, with the total deal valued at USD 35.9 billion. It makes Mars owner of brands such as Pringles®, Cheez-It®, Pop-Tarts®, Rice Krispies Treats® and NutriGrain®

Aspen Global Enterprises Inc., a leading Metro New York-based IQF and frozen food processor and distributor of potatoes, fruits, and vegetables, has announced a strategic joint venture with Marten's Fresh, based in Port Byron, NY.

Tummers Food Processing Solutions and Kiron Food Processing Technologies announced the establishment of a new Joint Venture: Tummers Kiron India Pvt. Ltd.. The announcement was made earlier today during the Inter Food Tech event in New Delhi.

Snack manufacturer Utz Brands, Inc. has announced that certain of its subsidiaries including Utz Quality Foods, LLC have entered into a definitive agreement for the sale of certain assets to Our Home™ ("Our Home").

Hijolusa, Agricola Villena and Natuber will now be know as "Somos Hijolusa", a new company with the reach and means to shake the spanish horticultural landscape.

JBT and Marel hf. have executed a definitive transaction agreement related to JBT’s previously announced intention to make a voluntary takeover offer for all the issued and outstanding shares of Marel.

Dutch potato processor Peka Kroef B.V. entered into a purchase agreement with investment company Nimbus on March 14 2024, regarding the acquisition of potato processor Frespo B.V., the former Aviko site in Cuijk.

On March 1, 2024, Nimbus entered into a purchase agreement with CelaVita B.V., a member of the McCain Group of companies, to acquire the activities of CelaVita.

Potato cooperative Agrico has announced that it intends to acquire the seed potato activities of The Potato Company (TPC).

Utz Brands, Inc., a leading US based manufacturer of branded salty snacks, has announced that certain of its subsidiaries including Utz Quality Foods, LLC have entered into a definitive agreement for the sale of certain assets and brands to Our Home™

As of January 1st, 2024, the assets and business activities of Lalesse Extrusion are integrated into Kuipers Food Processing Machinery.

Clayton Dubilier & Rice has announced that it has entered into a definitive agreement for funds it manages to acquire Shearer's Foods

Tong Engineering, UK vegetable handling equipment manufacturer, has announced the completed acquisition of Terry Johnson Ltd based in Holbeach, Lincolnshire, owner of the Swift Lift range of elevators and conveyors

India's largest conglomerate, the Tata Group, is looking for a substantial bite of one of the countries top two snack manufacturers, Haldiram's. The snack maker is reportedly asking for USD 10 billion valuation which corresponds to 6.6 times its annual revenue of USD 1.5 billion.

Agrico acquires Royal ZAP’s seed potato activities. By means of this acquisition, Agrico has taken a step towards expanding its acreage, in order to meet demand.

Agristo is planning to set up a production unit for frozen potato products in France, creating 350 jobs and requiring an investment of €350 million. Today, Tereos has signed an MOU with Agristo, enabling this project on the site of its former sugar factory in Escaudœuvres, in the North of France.