Golden, CO—Quinoa Corporation, parent company of plant-based foods brand Ancient Harvest, announced the acquisition of the Pamela’s brand in a press release. The acquisition more than doubles the business under Quinoa Corporation’s management, strengthens its ability to expand its retail footprint, and combines the gluten-free formulation expertise and supplier networks...
Portland, OR—New Seasons Market and New Leaf Community Markets have entered into a definitive agreement to merge with Good Food Holdings, according to a press release. The agreement has been approved by New Seasons Market’s Board of Directors, and is expected to close in January 2020. New Seasons and New...
Providence, RI—United Natural Foods, Inc. (UNFI) announced in a press release that it has entered into definitive agreements to sell 13 of its 43 Shoppers Food & Pharmacy stores to three separate grocery operators. Each of the transactions is expected to close between mid-December and the end of February 2020,...
Fort Lauderdale, FL—Maximum Marketing has acquired Sunshine Specialties, in Southern California, which will expand Maximum Marketing’s coverage from east of the Rockies all the way to Southern California, a press release says. The acquisition will combine the two companies to create a stronger brand, and will bolster the accounts both...
Purchase, NY—PepsiCo announced in a press release that it has entered into a definitive agreement to acquire BFY Brands, maker of PopCorners snacks. After closing, BFY Brands will report to PepsiCo’s Frito-Lay North America division. The addition will expand Frito-Lay’s snacking portfolio and allow it to offer consumers more positive...
Milan, Italy—Indena has reached an agreement to sell its cosmetics business to Givaudan, according to a press release. Part of the agreement includes a manufacturing and innovation partnership in order to maintain a key role in the active cosmetics industry. Indena will continue to manufacture ingredients for Givaudan and to...
Viroqua, WI—Ecocert Group has acquired Nature’s International Certification Services (NICS), an organic certification agency. The acquisition strengthens Ecocert’s presence in the U.S., according to a press release. Marta Engel, Owner of NICS, said: “Ecocert is an ecologically minded company whose mission is a lot like NICS’s. With the new ownership,...
Los Angeles—Butterfly, a LA-based private equity firm specializing in the food sector, has signed a definitive agreement to acquire a majority stake in Orgain, Inc., according to a press release. Orgain is a producer of organic and clean nutrition products. It sells ready-to-drink nutrition shakes, protein powders, and bars. It...
Kennesaw, GA—Deerland Probiotics & Enzymes announced its acquisition of Bifodan A/S in a press release. Bifodan, based in Hundested, Denmark, is a life science company specializing in developing, manufacturing, and distributing unique probiotic product solutions as private label dietary supplements, medical devices, and OTC drugs. Effective with the acquisition, Bifodan...
Cranbury, NJ—Innophos Holdings announced in a press release that it has entered into a definitive agreement with an affiliate of One Rock Capital Partners, whereby One Rock will acquire all of Innophos’ outstanding shares for $32.00 per share in cash in a transaction valued at approximately $932 million, including the...
