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Key Points: Smithfield Foods is acquiring Nathan’s Famous hot dog brand for $450 million in cash, or $102 per share. The deal is set to close in the first half of 2026. Smithfield’s CEO, Shane Smith, believes the acquisition will…

Dive Brief: Dive Insight: With beef prices on the rise, meat companies are exploring new avenues to satisfy the protein needs of American consumers. JBS recently acquired a 50% stake in Mantiqueira Brasil, a prominent egg producer in South America,…

Dive Brief: After seven years of operating as a single entity, Keurig Dr Pepper is now undergoing a split. Dive Insight: The initial merger aimed to combine traditional sodas, coffee beverages, and healthier drink options under one roof. The company…

Dive Brief: Ferrero, known for its iconic brands like Nutella, Ferrero Rocher, and Tic Tacs, has been expanding its portfolio through strategic acquisitions to connect with consumers across different eating occasions. Dive Insight: In 2018, Ferrero acquired Nestlé’s U.S. chocolate…

Exciting News: Danone Acquires Majority Stake in Kate Farms Yogurt leader Danone announced on Monday that it has agreed to acquire a majority stake in Kate Farms, a renowned producer of plant-based nutrition shakes. This strategic acquisition will enhance Danone’s…

Welcome to our Blog! Exciting news in the snack industry as Hershey announces its intent to acquire LesserEvil, a brand known for its organic snacks with bold flavors and better-for-you ingredients. The deal, valued at approximately $750 million, is another…

Molson Coors Rejects Offer from Leinenkugel Family to Buy Back Brewery Molson Coors has turned down an offer from the Leinenkugel family to repurchase the brewery in Chippewa Falls, Wisconsin, where Leinenkugel’s beer has been produced since 1988 when Miller…

Post Holdings Acquires Potato Products of Idaho Dive Brief: Post Holdings has announced the acquisition of Potato Products of Idaho, a leading manufacturer and packager of refrigerated and frozen potato products. The financial details of the deal have not been…

General Mills has announced the expansion of its pet food business with the acquisition of Whitebridge Pet Brands’ North American premium cat feed and pet treats business, valued at $1.45 billion. The purchase will enhance the company’s position in the…

Keurig Dr Pepper Acquires Energy Drink Maker Ghost for Over $1 Billion Keurig Dr Pepper has announced its acquisition of energy drink maker Ghost for more than $1 billion. The beverage giant will initially spend $990 million to acquire a…