News on Mergers and Acquisitions

Gowan Crop Protection Limited, an affiliate of Gowan Co. LLC., has entered into agreements with Bayer AG to acquire rights to the active ingredients fenamidone and pencycuron.

Aviko, one of Europe’s largest producers of fresh, frozen, dried and specialty potato products has reached an agreement with Hongyuan Agriculture to acquire 90% of its shares in Hongyuan Louis

PepsiCo joins Veris as a major shareholder in Senselet Food Processing Plc in Ethiopia. Senselet, founded in 2015, today has a leading market position in Ethiopia with its SUN Chips brand that is being produced from locally sourced potatoes.

A famous farmers' cooperative in Holland joins hands with Pune-based potato supply chain S.V. Agri to develop and produce high-yield varieties uniquely suitable for Indian conditions.

Key Technology, a leading global designer and manufacturer of digital sorting, inspection, conveying and other processing equipment, has acquired Herbert Solutions, enhancing its portfolio of potato and vegetable equipment solutions.

The combined complementary footprint of Simplot Grower Solutions and Pinnacle stores will grow to more than 200 locations across North America.

Manchester-based frozen food brand for children Kiddyum has sold a 40% stake to Albert Bartlett, a grower and packer of potatoes reports BusinessLive.

BFY Brands, Inc., the snack company which makes PopCorners® and other better-for-you snacks, and Permira, the global private equity firm, today announced that BFY has entered into a definitive agreement to be acquired by PepsiCo, Inc. (NASDAQ: PEP)

CLAAS announced a global partnership with The Climate Corporation, Bayer’s digital farming arm, and its industry-leading FieldView™ digital farming platform.

US Farmer cooperative NORPAC Foods filed a motion in bankruptcy court Friday afternoon to sell its Quincy, Washington, plant for USD 93.5 million to Oregon Potato Company.

As of August 1, 2019 Tolsma-Grisnich, with residence in Emmeloord, the Netherlands has started a cooperation with José Bernad Refrigeration, with residence in Albacete, Spain, to explore the Spanish Agrofood market.

Conagra Brands, Inc. (CAG) announced that it has completed the divestiture of the portion of its snacks business that operates under a Direct-Store-Delivery (DSD) model to Utz Quality Foods, LLC.

Gardemoen, Norway: A new state-of-the-art processing line for classic and coated French
Fries, with inauguration in mid-2020, is planned by Ferskvarehuset AS in Norway. Design
and equipment will be sourced from Rosenqvists Food Technologies.

Lamb Weston has formed a joint venture with Sociedad Comercial del Plata in Argentina, to serve the nearly 2-billion-pound South American market. Each partner will own 50% of the joint venture, Lamb Weston Alimentos Modernos S.A..

Spudnik Equipment Company has reached an agreement to buy STC Trailers, according to a recent press release. Terms were not disclosed. Both companies are headquartered in Blackfoot, Idaho. The acquisition will go into effect Jan. 1, 2020.

VMG Partners, a private equity, beginning with the acquisition of the popchips™ brand in North America and most international markets outside of the United Kingdom and Europe.

Spud lovers are being given back a store in Norfolk after closing in August - after the business was rescued by potato giant firm Albert Bartlett.

BASF enters the market for natural flavors and fragrances (F&F) by acquiring Isobionics, a leader in biotechnology serving the global market for F&F and through a cooperation agreement with Conagen, a leader in biotechnology research.