supermarket-949913_640 (1)

H.I.G Capital Exits Ready Pac

  • H.I.G Capital Exits Ready Pac

    February 24, 2017

    France-based global vegetable producer and marketer, Bonduelle, has agreed to acquire California-based Ready Pac Foods – the market leader in single serve salads and producer of fresh-cut fruit and mixed vegetables, from H.I.G. Capital. Bonduelle states that the financial terms of the deal will be released on March 2 when the company announc

    Read more
  • First Round Capital Leads $7.5M Seed Round to Advance ‘Post-Organic’ Indoor Farming

    February 24, 2017

    High tech indoor, vertical farming startup Bowery Farming announced it has raised $7.5 million in a seed round led by First Round Capital and including Box Group, Homebrew, Flybridge, Red Swan, RRE, Lerer Hippeau Ventures, and Tom Colicchio – a restauranteur and judge on reality cooking show, Top Chef. Founded in Kearny, New Jersey, in Oc

    Read more
  • Glanbia Sells Majority Stake in Irish Dairy Division for $118.6M

    February 24, 2017

    Glanbia announced that it is launching Glanbia Ireland - a new Irish joint venture that will encompass three of its spun-off businesses – cheese and dairy ingredients, consumer foods, and agribusiness. Under the agreed-to terms for the formation of the venture, Glanbia will sell a 60 percent stake in Dairy Ireland to Glanbia Co-op for €112

    Read more
  • Cal-Maine Acquires Egg Production Company

    February 24, 2017

    Cal-Maine Foods announced it has agreed to acquire all assets of Happy Hen Egg Farms Inc. – a commercial producer, processor, and distributor of shell eggs located near Harwood and Wharton, Texas, for an undisclosed amount. Under the terms of the deal, Cal-Maine will acquire all commercial assets including production and processing facili

    Read more
  • Taylor Shellfish Farms Acquires Ekone Oyster Company

    February 22, 2017

    Taylor Shellfish Farms, the largest farmed shellfish producer in the U.S., announced it has acquired Ekone Oyster Company on Willapa Bay, Washington, for an undisclosed amount. Taylor Shellfish operates on 11,000 acres of tidelands in Puget Sound along the coasts of Washington State and British Columbia, producing Manila clams, Mediterranea

    Read more
  • Canadian Meat Processor Expands into Plant-Based Protein with $140M Acquisition

    February 22, 2017

    Canadian meat company, Maple Leaf Foods has agreed to acquire U.S.-based, plant-based protein food manufacturer, LightLife Foods Inc. from Brynwood Partners VI LP for $140 million plus associated costs. Headquartered in Mississauga, Ontario, Maple Leaf is a focused consumer packaged meats company that is organized into two groups – its Me

    Read more
  • Kraft Heinz Hunts Growth and Targets Millennials with Oprah Partnership

    February 21, 2017

    If there were any questions surrounding Kraft Heinz’s need for growth, they faded in the wake of the food-product company’s blockbuster $143 billion bid for Unilever in recent days. While that potential pairing failed, in recent weeks Kraft Heinz was able to ink a partnership with daytime talk-show host turned health and nutrition champion

    Read more
  • Vitasoy, Universal Robina Announce Plant-Based Joint Venture

    February 21, 2017

    Hong Kong-based leading manufacturer and distributor of plant-based foods and beverages, Vitasoy, and Universal Robina Corp., the largest listed food company in the Philippines, announced that they are launching Vitasoy-URC Inc. – a 50/50 joint venture to explore the potential of sustainable plant-based beverages on the Philippine market.

    Read more
  • Homestead Capital Expands Permanent Crop Holdings

    February 17, 2017

    Homestead Capital USA announced it has completed the acquisition of Sage Creek Vineyard – a 105-acre vineyard in Chiles Valley of Napa County, California planted in Cabernet Sauvignon Blanc, and smaller acreage blocks of other red Bordeaux varieties of grapes. Founded in 2012, California and Iowa-based Homestead Capital USA LLC is a priva

    Read more
  • Cape Town’s Naspers Ventures Makes U.S. Investment Push

    February 17, 2017

    Naspers Ventures, a 101-year old South African-based venture capital firm, expanded into the United States in recent months, tapping VC veteran Mike Katz to spearhead the effort. With a pipeline of potential deals, and a strong balance sheet from which to invest with zero reliance on outside capital, Naspers, whose U.S. office is located in Si

    Read more