The JM Smucker company announced it will acquire Big Heart Pet Brands in a transaction valued at approximately $5.8 billion as a way of positioning the company for continued growth by capturing the segment of consumers who are pet owners.
Pennsylvania-based chocolate giant The Hershey Company announced plans to acquire KRAVE Pure Foods, Inc., a manufacturer of KRAVE jerky, in a transaction that will allow the company to break into the growing meat snacks category.
With a combined value of $16 billion, packaging giants Rock-Tenn Company and MeadWestvaco Corporation (MWV) announced they have entered into an agreement to merge, creating a global provider of consumer and corrugated packaging solutions.
Bumble Bee Seafoods, North America’s largest branded shelf-stable seafood company, announced it has been acquired by Thai Union Frozen Products Public Company Limited (TUF) for $1.51 billion.
Keurig Green Mountain, Inc., an innovator in coffee brewing technology, announced it will acquire the remaining shares of rival beverage system Bevyz for approximately $220 million.
Burger King Worldwide Inc. and Tim Hortons Inc. announced the proposed transaction to form a new global quick service restaurant company operating two independent brands, was approved by the Minister of Industry under the Investment Canada Act.