News on Mergers and Acquisitions

Pom'Alliance and Pomuni are joining forces in the fresh potato sector. Both companies signed mutual cooperation agreements on March 30, 2017.

Potato Processing company M&F Ltd. - based in the United Kingdom - has closed after losing one of its main customers. M&F produced fresh cut and peeled potato products and supplied these to companies who further process these potatoes into ready meals for the UK’s major supermarkets.

Yesterday, Conagra Brands, Inc. (NYSE: CAG) announced that it has entered into a definitive agreement to acquire protein-based snacking businesses Thanasi Foods LLC (Thanasi), maker of Duke's® meat snacks and BIGS LLC (BIGS), maker of BIGS® seeds.

UK retailer Morrisons has acquired the Carnoustie potato packing plant from Farmcare in a deal which will strengthen the supply of Scottish tubers to the supermarket chain.

Earlier this week, Bob Evans Farms, Inc. (NASDAQ: BOBE) announced two transformational transactions, turning the company from predominantly a restaurant chain into a food manufacturer.

Pineland Farms Potato Company, Inc. (PFPC), located in Mars Hill, Maine confirmed the signing of a Stock Purchase Agreement with Bob Evans Foods (BEF)

Potato supplier Preva Produce, located in Norfolk, United Kingdom, is up for sale after 20 jobs were lost when cash pressures led to suspension of packing operation

Monsanto Company (NYSE: MON) announced that at a special meeting of shareowners held on December 13, shareowners of the company approved the merger of Monsanto with a wholly owned subsidiary of Bayer Aktiengesellschaft.

Last week Snyder’s-Lance, Inc.announced that the Company had signed a definitive agreement to sell its Diamond of California® culinary nut business to Blue Road Capital.

EarthFresh Farms recently announced the acquisition of the assets of Grand Bend Produce, a Southwestern Ontario based fresh potato business.

British company RJ Herbert Engineering Ltd., which has been in administration since July 2016, has been acquired by Dutch company Herbert Engineering BV effective 1 November 2016.

Conagra Brands, Inc. (NYSE: CAG), formerly known as ConAgra Foods, Inc., has completed the previously announced separation of its Lamb Weston business. The company’s name change has also become effective.

Advantage Capital Agribusiness Partners, LP (ACAP), along with Silas Capital and Emil Capital Partners, announced it is leading a $3 million financing round in Florida-based Vintage Italia, the manufacturer of Pasta Chips.

Metropoulos & Co., a family-owned investment firm specializing in iconic American brands has made a significant investment in salty snack manufacturer Utz Quality Foods, LLC

TOMRA Systems ASA, has signed an agreement with the owners of Compac Holding Ltd for 100 per cent of the shares in the company.

ConAgra Foods, Inc. today announced the record and distribution dates for the spin-off of its Lamb Weston business, which is expected to be effected through the distribution of 100 percent of the common shares of Lamb Weston to holders of ConAgra Foods’ common shares

Europe Snacks and Kolak Food Snacks Ltd. announced that they have joined forces.

According to a Deloitte spokesman South Australian fresh produce company the Mitolo Group had taken control of all South Australian-owned farms of bankrupt Oakville Produce, as well as packaging businesses in Brisbane, Melbourne and Sydney - as of September 23.