News on Mergers and Acquisitions

Deep River Snacks, a US company manufacturing premium better-for-you snacks based in Connecticut, was acquired by Arca Continental, the second largest Coca-Cola bottler in Latin America and parent company of the snack companies Wise Snacks, Bokados and Inalecsa.

Dewulf, supplier of a full line of potato and root crop machinery, announced a licencing agreement with Mahindra & Mahindra Ltd (M&M Ltd), part of the USD 19 billion Mahindra Group, headquartered in Mumbai (India) for the manufacturing and marketing of potato planting equipment in India.

BlackPace Africa Group has bought Ndiyo Business Group, a major producer of salted potato chips in Rwanda.

El pasado 23 de octubre de 2017, la compañía francesa firmó la adquisición del 100% de la Sociedad de Productores Bretones (SPB) y de sus filiales: Gopex Distribution y Bret Seeds.

Snack Food Manufacturers Inventure Foods (Publicly listed;NASDAQ:SNAK) and privately held Utz Quality Foods, LLC announced they have entered into a merger agreement. Utz has agreed to acquire all of Inventure Foods outstanding shares of common stock in an all-cash transaction.

Inventure Foods today announced it has completed the sale of its frozen business including the Rader Farms® and Willamette Valley Fruit Company™ brands as well as certain assets, rights and properties related to its frozen fruits, vegetable blends, beverages, and frozen desserts business to Oregon Potato Company.

The initial public offer (IPO) of Prataap Snacks received bids for 17.19 crore shares, data on the National Stock Exchange of India (NSE) website showed. The IPO was oversubscribed 47.39 times.

Prataap Snacks initial share sale offer was oversubscribed 2.17 times on the second day of bidding on Monday, with still another day to go.

Conagra Brands, Inc. (NYSE: CAG) announced that it has entered into a definitive agreement to acquire Angie's Artisan Treats the maker of Angie's BOOMCHICKAPOP ready-to-eat popcorn

Bunge Limited (NYSE: BG), a leading global agribusiness and food company, has announced that it has entered into a definitive agreement to acquire a 70% ownership interest in IOI Loders Croklaan, an established leader in the growing $33 billion semi-specialty and specialty B2B oils market.

Inventure Foods, Inc. announced it has entered into a definitive asset purchase agreement for the sale of its frozen business including the Rader Farms® and Willamette Valley Fruit Company™ brands as well as certain related assets, rights and properties to Oregon Potato Company for $50.0 million in cash.

Amazon and Whole Foods Market today announced that Amazon’s acquisition of Whole Foods Market will close on Monday August 28, 2017 and a number of changes will be implemented right away.

Lyckeby, the Swedish manufacturer of potato-based starch and fibre products has yesterday formed a new strategic alliance with Ingredion.

Earlier today, TOMRA Subsidiary Compac announced a new partnership with Xact, one of the United Kingdom’s leading integrated solution providers and a specialist in packaging and marking equipment.

Lamb Weston / Meijer, the European joint venture of Lamb Weston Holdings, Inc., announced June 15th that it has completed its acquisition of the potato division of Oerlemans Foods.

Amazon (NASDAQ:AMZN) and Whole Foods Market, Inc. (NASDAQ:WFM) today announced that they have entered into a definitive merger agreement under which Amazon will acquire Whole Foods Market for $42 per share in an all-cash transaction valued at approximately $13.7 billion, including Whole Foods Market’s net debt.

Lamb Weston / Meijer has reached the completion phase of the acquisition of the potato division of Oerlemans Foods, including a take-over of the plant in Broekhuizenvorst.

Today Conagra Brands, Inc. (NYSE: CAG) announced that it has completed the acquisition of protein-based snacking businesses Thanasi Foods LLC, maker of Duke's® meat snacks, and BIGS LLC, maker of BIGS® seeds (collectively, Thanasi).