Deal Tracking

  • PE Partnership Establishes Beverage Platform, Acquires Sweet Leaf Tea, Tradewinds from Nestlé Waters NA

    Consumer -focused private equity group Fireman Capital Partners (FCP) announced it has created a partnership with strategic beverage platform Dunn’s River Brands (DRB) to launch a beverage brand-building company. The partnership also has announced its first transaction - the acquisition of the Sweet Leaf Tea and Tradewinds businesses fro

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  • Aussie Crop Health Monitoring Startup FluroSat Raises A$1.5M

    Australian agtech startup FluroSat announced it has raised A$1.5 million (US$1.2 million) in funding through a round including CSIRO Main Sequence Ventures, AirTree Ventures, and the Cotton Research and Development Corporation (CRDC) of Australia. The startup also has secured a number of grants with the assistance of Cicada Innovations and it

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  • Firmenich Acquires Category Pioneer, Natural Flavors

    Firmenich, the largest privately owned flavors and fragrances business in the world, announced it has acquired New Jersey-based organic and natural flavors business Natural Flavors for an undisclosed amount. Founded in Geneva, Switzerland, in 1895, Firmenich is a leader in the global flavors and fragrances industry, committing 10 percent of

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  • Nuritas Targets U.S. with $20M Series A

    Nuritas, an Ireland-based food and biotech company, has raised $20 million through a Series A backed by Cultivian Sandbox. Founded in 2014 by mathematician and computational biologist Dr. Nora Khaldi, the company, which is based in Dublin and which was awarded Forbes’ Thrive Accelerator award, uses artificial intelligence, deep learning,

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  • Israel’s SuperMeat Raises $3M to Advance Lab-Created Chicken

    Israel-based biotech startup SuperMeat, a company dedicated to developing cultured meats in a laboratory setting, has raised a Seed round of $3 million backed by U.S.-based venture capital fund New Crop Capital, mission-focused venture capital firm Stray Dog Capital, and European poultry producer PHW. Founded in Tel Aviv in 2015, SuperMeat

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  • Hershey Captures Greater Share of Snacking Market with $1.6B Cash Acquisition

    Hershey has expanded its position in the snacking market with the acquisition of Amplify Snack Brands Inc. for $12 per share, or $1.6 billion. The all-cash deal is indicative of the strategic plan of consolidation in the face of dwindling returns and expanding beyond chocolate for new Hershey CEO Michele Buck following Hershey’s rejectio

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  • FarmWise Raises $5.7M to Advance Autonomous Weeding Technology

    San Francisco-based FarmWise has raised $5.7 million in seed funding through a round led by venture fund Playground, and backed by Felicis Ventures, Basis Set Ventures, and Valley Oak Investments. The company also announced that Bruce Leak, the co-founder of WebTV and investor of QuickTime, will be joining its Board of Directors. Founded in

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  • Cooke Aquaculture Announces $500M Omega Protein Acquisition

    New Brunswick, Canada-based seafood giant Cooke Aquaculture has announced its largest deal to date in the U.S. with the acquisition of Omega Protein, a Houston, Texas-based fishing company that sources omega oils and nutritional proteins, for $22 per share, or $500 million. "It's the single largest acquisition [our] company has ever made,

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  • Ontario Teachers’ Acquires Australian Avocado Grower Jasper Farms

    Canada’s largest single-profession pension fund - the C$180.5 billion Ontario Teachers Pension Plan (Ontario Teachers) - announced its acquisition of Jasper Farms - the second largest avocado producer in Australia. Financial terms of the deal were not released, however it is reported to be valued at approximately $180 million. "The acq

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  • Campbell Soup Makes Largest Acquisition in Company History with $4.87B Deal

    Campbell Soup Company announced it has agreed to acquire leading snack company Snyder’s-Lance for $4.87 billion in cash. Campbell Soup plans to finance the transaction via a combination of long and short-term debt totaling $6.2 billion. The deal marks the largest acquisition in Campbell Soup’s history, and underscores the continuing st

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