Key Points: Dole sold its fresh vegetable division to private equity firm Arable Capital Partners for $140 million. Dole will retain its facilities in Huron, California, and Yuma, Arizona. The initial deal with Fresh Express was terminated due to opposition…
Equity
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The Rise of Brynwood Partners in the Food and Beverage Industry Brynwood Partners, a private equity firm, has been making waves in the food and beverage space with a series of high-profile deals. In May, they divested SunnyD maker Harvest…
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Dive Brief: Conagra Brands has entered a definitive agreement to sell the Chef Boyardee brand to Hometown Food company, a part of private equity firm Brynwood Partners, for $600 million. Hometown will acquire a Pennsylvania plant and Chef Boyardee’s shelf-stable…
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Dive Brief: Butterfly, a private equity firm, has announced its acquisition of the Duckhorn Portfolio luxury wine company for $1.95 billion in cash. After the transaction, Duckhorn will remain operational under its current name as a privately held company based…