News on Mergers and Acquisitions

The Dutch potato cooperative Agrico has recently purchased more shares in its joint investment Parkland Seed Potatoes Ltd, granting it a majority stake in this Canadian seed potato company.

The Dewulf group has reached a preliminary agreement for the acquisition of Miedema, the one to go to for development and production of modern technology for storage, sorting, transport and planting of potatoes.

HZPC has decided to end its participation in HZPC Sverige AB (Sweden, Billdal). Reason for the decision is insufficient profitability, caused by the slow modernization of the Swedish Seed potato market

HZPC heeft besloten om zijn deelneming in HZPC Sverige ab (Zweden, Billdal) te beëindigen. Reden is de onvoldoende rendabiliteit, die wordt veroorzaakt door de trage modernisering van de Zweedse pootaardappelmarkt

An agreement was reached today to create the world’s third largest quick service restaurant company. Tim Hortons Inc. (TSX, NYSE: THI) and Burger King Worldwide Inc. (NYSE: BKW) today announced a definitive agreement under which the two companies will create a new global powerhouse in the quick service restaurant sector.

McCain Foods said Wednesday it has signed a deal to sell its North American frozen pizza business to Dr. Oetker GmbH.

Yesterday Burger chain Burger King and Canadian Coffee and Donut Chain Tim Hortons confirmed they are in talks to join forces.

Administrators of the New South Wales potato chip business Potato Magic Australia recommend winding the company up and placing it into liquidation.

Himalya International Ltd, a food processing firm based in India, is terminating its frozen foods joint venture (JV) with US-based J R Simplot Company, as per a stock market disclosure.

Administrators at O'Hara & Co have managed to tie up a pre-pack deal for Holme Farm Produce safeguarding jobs and the future of the business.

Potato farmers are looking to take control of the Penola Safries plant to use it for storage.

Potato Magic Australia, a potato chip business owned by one of the country's biggest potato farmers, Paul Rennie, has been placed into administration.

ConAgra Foods, Inc., announced that it has acquired TaiMei Potato Industry Limited, a potato processor in Shangdu, Inner Mongolia. The acquisition expands ConAgra Foods Lamb Weston operations in a market that has growing demand for frozen potato products.

Archer Daniels Midland Company (NYSE: ADM) today announced that it is acquiring WILD Flavors GmbH, giving ADM the ability to offer food and beverage companies a comprehensive suite of systems to enhance and improve their products.

Tyson Foods has won the bidding war for Hillshire Brands against its biggest competitor in the U.S. fresh chicken meat market, Pilgrim’s Pride. The deal is contingent on Hillshire Brands terminating its proposed merger with Pinnacle Foods.

Aviko neemt een meerderheidsbelang in een fritesfabriek in het noordoosten van China, die nu Aviko - Snow Valley zal gaan heten. Het bedrijf verwacht de produktie capaciteit fors uit te breiden en een vlokkenlijn toe te voegen

Intersnack Group GmbH & Co KG and Herkules Private Equity Fund II today announced that they have entered into an agreement where Herkules sells the salted snacks manufacturer Estrella Maarud ('Estrella Maarud' or 'the Company') to Intersnack for an undisclosed sum.

Pinnacle Foods Inc. announced today that it has entered into a definitive agreement for the sale of the Company to Hillshire Brands.