Items Tagged with 'acquisition'

ARTICLES

Bowery_Farming_Logo.jpg

Bowery Farming acquires Traptic, 3D vision and robotics harvesting startup

The technology will be used to accelerate the commercialization of fruiting and vine crops across communities in the U.S. and eventually the globe
February 16, 2022
No Comments

Bowery Farming, the largest vertical farming company in the U.S., has acquired Traptic, a company utilizing computer vision, robotic arms and artificial intelligence (AI), to harvest fruiting, vine and other delicate crops, including strawberries, tomatoes and more.


Read More
Kraft Heinz acquires Just Spices Germany Europe DTC

Kraft Heinz to acquire majority stake in Just Spices

Technology-enabled direct-to-consumer spice business accelerates Kraft Heinz’s international growth strategy focused on taste elevation
December 17, 2021
No Comments

The Kraft Heinz Company reached an agreement to acquire an 85% stake in Germany-based Just Spices GmbH. Just Spices’ three founders, who will continue with the company and focus on driving the business and its international growth, will retain the remaining 15% ownership stake.


Read More
Cargill and Continental Grain Company acquire Sanderson Farms
Mergers & Acquisitions

Cargill, Continental Grain to acquire Sanderson Farms

Cargill and Continental Grain have formed a joint venture to acquire Sanderson to create a leading U.S. poultry company
Wayne labs 200px
Wayne Labs
August 9, 2021
No Comments

Cargill, Continental Grain Company and Sanderson Farms, Inc. have reached a definitive agreement for a joint venture between Cargill and Continental Grain to acquire Sanderson Farms for $203 per share in cash. This represents a total equity value for Sanderson Farms of $4.53 billion.


Read More

Get our new eMagazine delivered to your inbox every month.

Stay in the know on the latest food and beverage manufacturing markets.

SUBSCRIBE TODAY!