Seneca Foods Corporation and Pacific Coast Producers announced Thursday they have terminated the asset purchase agreement between the companies. As a result, Pacific Coast Producers will not acquire the Modesto, CA facility and associated business from Seneca Foods.
Hormel Foods Corporation announced it has entered into an agreement to acquire the natural and organic prepared meats producer Applegate Farms, LLC for $775 million.
Swiss agribusiness giant Syngenta AG declined a $45 billion offer from US-based Monsanto to acquire the company saying the bid “fundamentally undervalues” its prospects.”
D.E Master Blenders 1753 B.V. and Mondel?z International, Inc. announced Tuesday they received conditional approval from the European Commission to combine their respective coffee businesses to create the pure-play coffee company Jacobs Douwe Egberts (JDE).
Nomad Holdings Limited reached an agreement to acquire leading European frozen food company Iglo Foods Holdings Limited from a company backed by the Permira funds for approximately $2.8 billion.
Multinational food and beverage company Nestle announced this week it is exploring options to sell off its subsidiary Davigel—provider of branded frozen and chilled food products, ice-cream and solutions for out of home in Europe as part of its on-going portfolio review.
Charlotte, NC-based Spiroflow Holdings, Inc. has acquired Food Control Solutions, Inc., a leading systems integration and automation company in the food industry. The acquisition combines Spiroflow’s bulk material handling solutions with the automation expertise of Food Control Solutions.
Creating a buzz throughout the global food industry, the H.J. Heinz Company and Kraft Foods Group, Inc. announced a merger deal Wednesday to create The Kraft Heinz Company financed in part by American business mogul Warren Buffet, becoming the third largest food and beverage company in North America.
Bizerba, a provider of weighing, slicing and labeling technologies for the food industry, has acquired the food sector of French company Luceo SAS to allow its customers to benefit from a high degree of safety and quality control provided by the transaction.