Summary: General Mills has decided to sell Muir Glen, a smaller brand in its portfolio, in order to focus more on its core products like Cheerios and Progresso. The sale comes at a time when more people are cooking at…
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Exciting News: Tapatio Hot Sauce Acquired by Highlander Partners Private equity firm Highlander Partners has recently announced the acquisition of the iconic Tapatio hot sauce brand. The deal, which was finalized for an undisclosed amount, marks a new chapter for…
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Key Takeaways: L Catterton is acquiring a majority stake in Good Culture, a cottage cheese manufacturer, in a deal valued at over $500 million. Good Culture plans to use the investment to expand production capacity, meet growing demand, and introduce…
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Plant-based brand Caulipower has been acquired by private equity firm Paine Schwartz Partners. Caulipower, known for its cauliflower-crust pizzas and other cauliflower-based products, will now be under Paine Schwartz’s Urban Farmer brand, which specializes in specialty dough products. The financial…
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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…
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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: Spindrift Beverage has announced a majority stake sale to private equity firm Gryphon Investors, with former Boston Beer head Dave Burwick taking over as CEO. Spindrift, known for its low-sugar sparkling water with real fruit flavors, has seen…
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Latest Update on Lifeway Foods Acquisition Proposal: The board of Lifeway Foods has responded to Danone’s acquisition proposal of $27 per share, stating that it believes the offer “substantially undervalues” the company. However, Lifeway is open to a potential sale…