TricorBraun, known for plastic and glass bottles and containers, is starting a flexible packaging business, acquiring Pacific Bag with coffee, pet and specialty food products.
The Kraft Heinz Co. has announced plans to sell its Canadian natural cheese business to Italian company Parmalat for approximately $1.23 billion. The agreement includes the sale of natural cheese brands Cracker Barrel, P’tit Quebec and aMOOza! in the Canadian market.
Hometown Food Company, a wholly-owned portfolio company of Brynwood Partners VIII L.P., has completed the $375 million deal to acquire the exclusive rights to the Pillsbury branded shelf-stable baking and dessert products and use of the Pillsbury Doughboy in these categories.
Acquisition is part of Tyson's strategy to invest in value-added protein products
August 20, 2018
Tyson Foods Inc. has announced it has reached a definitive agreement to buy the Keystone Foods business from Marfrig Global Foods for $2.16 billion in cash. The acquisition of Keystone, a major supplier to the growing global foodservice industry, is Tyson Foods’ latest investment in furtherance of its growth strategy and expansion of its value-added protein capabilities.