Newtown Square, PA—Research America has acquired Segmedica, a press release states, bringing the company’s total number of acquisitions over the past six years to 16. The acquisition is intended to help bolster the research capabilities provided by Natural Marketing Institute, which Research America acquired in July 2020. Segmedica is in...
Hunt Valley, MD—McCormick & Company Inc. has purchased 100% of the shares of FONA International, LLC, and certain of its affiliates, according to a press release. The business was acquired for $710 million in cash. "McCormick has a history of creating value through acquisitions,” said Lawrence E. Kurzius, Chairman, President,...
Chicago, IL—Whole Earth Brands Inc. has entered an agreement to acquire all of the issued and outstanding capital stock of WSO Investments Inc., the holding company for Wholesome Sweeteners Incorporated. “Consumers are demanding more dietary options that enable healthier lifestyles, and Whole Earth Brands’ business strategy is built on meeting...
New York, NY—KIND has entered into an agreement to acquire Nature’s Bakery, a family-owned company that sells snacks such as Fig Bars. A press release says that this will “build on KIND and Mars’ shared vision to build out a platform of brands and products that make wholesome snacking choices...
Englewood Cliffs, NJ—Unilever has signed an agreement to acquire SmartyPants Vitamins, according to a press release. “We are delighted to welcome SmartyPants Vitamins to the Unilever family and our portfolio of purpose‐led brands," Fabian Garcia, President of Unilever North America, said in the release. "SmartyPants Vitamins aligns strongly with our...
New York, NY, and Zaandam, Netherlands—Ahold Delhaize and Centerbridge Partners have entered into a definitive agreement to acquire FreshDirect, an online grocer based in New York City. A press release states that Ahold Delhaize will acquire the majority share, funded by cash on hand, and Centerbridge Partners will be a...
McLean, VA, and New York—Mars, Incorporated is acquiring KIND North America, according to a joint press release from Mars and KIND. The companies reported that KIND North America will join KIND International to create one organization that will function as a distinct and separate business within the Mars Family of...
Dublin, Ireland—Kerry has agreed to acquire Canada-based Bio-K Plus International, according to a press release. The acquisition expands Kerry’s probiotics portfolio, the press release says, and reflects the growing number of consumers who are turning to functional foods and beverages to support their health. Bio-K Plus products are formulated with...
Northvale, NJ—GeeFree Foods, manufacturer of gluten-free products, announced that it has been acquired by The Fillo Factory, which produces and distributes appetizers, small-bites, snacks, entrees and desserts. As GeeFree Foods' co-packer since its start, The Fillo Factory plans to grow the GeeFree brand by expanding the sales and brokerage team,...
GNC Holdings Inc. has received approval for a bankruptcy reorganization plan centered around a $770 million sale to Harbin Pharmaceutical Group Holding Co., its largest shareholder, according to Bloomberg Law. The sale raised security concerns when the plan was put into motion in September. The plan will keep open at...
