News on Mergers and Acquisitions

Growers, suppliers, grubbing demonstrations - everything to do with potatoes. That is what the latest edition of Potato Europe was all about. This year, this trade show was held in Doornik/Tournai, Belgium on 4 and 5 September.

Campbell Soup Co. agreed to sell its European potato chips business to Valeo Foods Group Ltd. for about 66 million pounds ($80 million), the soupmaker’s latest divestment as it simplifies operations.

Swiss Bühler Group and Premier Tech from Canada, today announced the formation of a strategic cooperation for industrial flexible packaging solutions. Both companies agreed to build a design and manufacturing center in China.

NORPAC Foods, Inc., a grower-owned fruit and vegetable cooperative founded in 1924, announced that it has entered into an asset purchase agreement with Oregon Potato Company (OPC) under which OPC will acquire substantially all of the Company's assets.

The last potatoes were planted at the end of April at PotatoEurope’s demo site and until the end of May the participation demands continued to come in. With less than three weeks to go, time for an update!

Waterleau Group NV has successfully executed an important capital increase which secures the ambitious plans of the company for the future.

Highlander Partners, L.P., a leading middle-market private investment firm based in Dallas, Texas, through its newly-formed food platform, Benestar Brands ("Benestar"), announced the acquisition of Evans Food Group ("Evans") from Wind Point Partners.

PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") today announced that it has entered into an agreement to acquire all the outstanding shares of Pioneer Foods Group Ltd.

On 10 May, a meeting was held between AuSPICA, members of the Tasmanian Certified Seed Potato Scheme (known as TasSeed) and invited industry representatives.

Philippine-based food company Universal Robina (URC) has announced the divestiture of a 40% stake in its Oceania subsidiary, URC Oceania, to the German snack food manufacturer Intersnack.

ILVO, HOGENT and TRIAS in Belgium are hosting a Peruvian delegation to the Food Pilot (ILVO, Melle, Belgium) to get the production of so-called “tuntas” (freeze dried potatoes) in a small cooperative factory in the Andes.

Givaudan, the global leader in flavours and fragrances, and Bühler, global leader for food processing solutions, have today announced a development partnership to accelerate market access for food start-ups in Switzerland.

Teagasc and IPM Potato Group (IPM) have recently signed a new fifteen year agreement in Oak Park, Carlow.

McCain Foods, the global leader in frozen french fries, potato specialties and appetizers, announces a new strategic partnership and lead investment in NUGGS, a New York based start-up.

Yesterday, TreeHouse Foods, Inc., a leading manufacturer of private label foods, announced that it had entered into a definitive agreement to sell the Company's Snacks Division to Atlas Holdings LLC.

Utz Quality Foods, LLC announced today their affiliation with WeStock™, the crowd-stocking application (app) designed to help every day shoppers discover and request new food and beverage products.

Starch Europe Welcomes Lantmännen-Reppe and Viresol as members.

The seeds have been sown for the creation of a world-leading potato hub in Scotland, designed to give those working in the £200 million-plus industry instant access to expert advice.