M&A Transactions
Farmer Brothers / Treehouse Foods: The direct ship business and Texas coffee facility of Farmer Brothers was acquired by Treehouse Foods for $100 million on June 30, 2023. The company is a distributor of coffee, tea, and other culinary products based in Northlake, Texas.
Nuvo Sparkling Liqueur / Lucas Bols: The Nuvo Sparkling Liqueur business of The London Group, was acquired by Lucas Bols for $5.7 million on June 30, 2023. The company is a producer of liqueur based in Norwalk, United States.
Chef Inspirational Foods / MamaMancini’s Holdings: Chef Inspirational Foods was acquired by MamaMancini’s Holdings for $3.6 million on June 29, 2023. The company is a producer of prepared entree and salad food products catering to supermarkets, club stores and food service customers.
RiceBran Technologies / Stabil Nutrition: The stabilized rice bran business of RiceBran Technologies, was acquired by Stabil Nutrition for $1.8 million on June 26, 2023. The company is a producer of functional ingredients from rice and ancient grains based in Texas, United States.
Blackbird Cider Works / RESURGENCE BREWING COMPANY LLC: Blackbird Cider Works was acquired by Resurgence Brewing Company for an undisclosed amount on June 26, 2023. The company is a producer of cider beverages based in Barker, New York.
Haus / The Naked Market: Haus was acquired by The Naked Market for an undisclosed amount on June 29, 2023. The company is a producer of low ABV (alcohol by volume) apéritif beverages.
Prestige Farms / Superlatus: Prestige Farms was acquired by Superlatus for an undisclosed amount on June 30, 2023. The company is a distributor and processor of poultry products based out of Charlotte, North Carolina.
Strecks Brauhaus / Unknown Investor: Strecks Brauhaus was acquired for an undisclosed amount on June 27, 2023. The company is a brewer of alcoholic and non-alcoholic beverages based in Ostheim, Germany.
Theo Chocolate / American Licorice: Theo Chocolate reached a definitive agreement to be acquired by American Licorice for an undisclosed amount on June 28, 2023. The company is a manufacturer of organic chocolate candies based in Seattle, Washington.
Source: Pitchbook Data, Inc.
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