by Tracy Collins | Jul 14, 2014 | Mergers & Acquisitions
Swiss chocolate manufacturer Lindt & Sprüngli has entered into an agreement to acquire Russell Stover Candies, Inc., USA. Terms of the agreement were not announced. Lindt & Sprüngli said the acquisition will make it the third largest chocolate manufacturer in...
by Tracy Collins | Jul 8, 2014 | Mergers & Acquisitions
Brynwood Partners VII L.P., a private equity firm, has acquired the Juicy Juice business from Nestle USA. Terms of the agreement were not disclosed. Juicy Juice is a maker of reduced-sugar beverages for children. The businesses two primary products are the Juicy Juice...
by Tracy Collins | Jul 1, 2014 | Mergers & Acquisitions
Pinnacle Foods Inc. has terminated its merger agreement with the Hillshire Brands Co., Chicago. The move paves the way for Tyson Foods, Inc., to acquire Hillshire for a purchase price in excess of $8 billion. Pinnacle Foods said it is entitled to receive a cash...
by Tracy Collins | May 13, 2014 | Mergers & Acquisitions
CHICAGO — The Hillshire Brands Co.’s proposed $6.6 billion acquisition of the Pinnacle Foods Group will give the company greater leverage in the center of the retail store. Hillshire currently has strong positions in the refrigerated meat and frozen meat and sandwich...
by Tracy Collins | May 13, 2014 | Mergers & Acquisitions
CHARLOTTE, N.C. — Two transactions this week have set the stage for Snyder’s-Lance, Inc. to reshape its portfolio with a heightened focus on branded products, particularly in growth categories such as “better-for-you.” On May 7, Snyder’s-Lance agreed to acquire...
by Tracy Collins | May 6, 2014 | Mergers & Acquisitions
HOUSTON — Tall Tree Foods, a business unit of Altamont Capital Partners, has acquired Klement Sausage Co., Milwaukee. Terms of the agreement were not disclosed. For the full story, please click here.