M&A Transactions
Bear Robotics / LG Electronics: The company was acquired by LG Electronics, a subsidiary of LG, for an undisclosed amount on January 23, 2025. The company is a manufacturer of autonomous mobile robots for the food service and hospitality field.
BioNutritional Research Group / Ferrero International: The company reached a definitive agreement to be acquired by Ferrero International for an undisclosed amount on January 24, 2025. The company is a producer of protein-based food products based in Irvine, California.
Cole’s Quality Foods / Furlani Foods: The company was acquired by Furlani Foods, via its financial sponsor Entrepreneurial Equity Partners, through an LBO on January 21, 2025 for an undisclosed amount. The company is a producer of frozen garlic bread and other frozen baked goods products.
Lena Brewing / Apple Rush: The company reached a definitive agreement to be acquired by Apple Rush, a subsidiary of Livewire Ergogenics, for an undisclosed amount on January 21, 2025. The company is an operator of a brewery based in Lena, Illinois.
Mike & Mike’s Organics / Individual Investor: The company, a subsidiary of Fresh Direct Produce, was acquired by Mr. Mike Fronte for an undisclosed amount on January 20, 2025. The company is a distributor of fruits and vegetables intended to serve retailers, major grocery chains, and natural food stores.
Parishables Food Service / Mr Greens Produce: The company was acquired by Mr Greens Produce, via its financial sponsors Churchill Asset Management, Sterling Investment Partners, NXT Capital, Ares Capital, The Hillman Company and Ares Management, through an LBO on January 22, 2025 for an undisclosed sum. The company is a distributor of fresh produce and dairy products.
Whitakers Chocolates / Bramble Foods: The company was acquired by Bramble Foods, via its financial sponsor LDC, through an LBO on January 23, 2025 for an undisclosed amount. The company is a manufacturer and distributor of chocolates intended for the retail and catering markets.
La Fameuse Fabrique / Newbeers: The company was acquired by Newbeers for an undisclosed amount on January 20, 2025. The company is a producer of beers based in Gaillac, France.
Source: Pitchbook Data, Inc.
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