| M&A Transactions
Eddie’s Café & Mercantile / Pursuit Collection: The company was acquired by Pursuit Collection, a subsidiary of Viad, for $15.9 million on November 6, 2024. The company offers a combination of food and beverage, retail and overnight accommodation units and includes a full-service café, gift shop and camp supply store, as well as offers ice cream, coffee and outdoor seating with scenic views.
Meier’s Wine Cellars / Bartow Ethanol: The company was acquired by Bartow Ethanol for $6.25 million on November 4, 2024. The company is a producer of specialty beverage alcohol and non-alcohol products based in Cincinnati, Ohio.
Davy’s Wine Merchants / Jeroboams & Laytons: Jeroboams & Laytons reached a definitive agreement to acquire the Fine Wine Storage, Broking, and En Primeur Services of Davy’s Wine Merchants for an undisclosed amount on November 7, 2024. The company is a provider of wine storage, brokerage and other private wine market services located in London, England.
Drizzle Honey / Wisdom Natural Brands: The company was acquired by Wisdom Natural Brands for an undisclosed amount on November 4, 2024. The company is a producer of raw bee-honey products.
EatMise / WECO: The company was acquired by WECO for an undisclosed amount on November 8, 2024. The company is a developer of restaurant delivery platform intended to assist home cooks in creating restaurant-quality meals at home.
FCB Coffee / Caffè Nero: The company was acquired by Caffè Nero for an undisclosed amount on November 6, 2024. The company is an operator of specialty coffee shops showcasing roasted coffees from around the world.
Fresh Vine Wine / Amaze Software: The company reached a definitive agreement to be acquired by Adifex Holdings, a subsidiary of Amaze Software for an undisclosed amount on November 4, 2024. Fresh Vine Wine Inc is a producer of low-carb, low-calorie premium wines in the United States.
Hoeksche Zuivel / Verduyn Family: The company was acquired by the Verduyn family for an undisclosed amount on November 4, 2024. The company is an operator of a dairy farm intended to produce and supply dairy products based out of Maasdam, Netherlands.
Lord Hobo Brewing Company / Lone Pine Brewing Company: The company reached a definitive agreement to be acquired by Lone Pine Brewing Company and Valterra Partners for an undisclosed amount on November 7, 2024. The company is a producer of craft beer based in Woburn, Massachusetts.
MasterCoat / FloZein Products: The company, a subsidiary of LBB Specialties was acquired by FloZein Products for an undisclosed amount on November 5, 2024. The company is a manufacturer of food coating products catering to confectionary, bakery and chocolate panning markets.
Peace Tree Brewing / Backpocket Brewing: The company was acquired by Backpocket Brewing for an undisclosed amount on November 6, 2024. The company is a producer of hand-crafted beer beverages based in Knoxville, Iowa.
Rise Baking Company / Butterfly Equity: The company was acquired by Platinum Equity and Butterfly Equity through an LBO on November 4, 2024 for an undisclosed amount. The company is a manufacturer and distributor of bread and rolls for grocery retail and restaurant markets.
Sanctum Herbal / Adnexus Biotechnologies: The company reached a definitive agreement to be acquired by Adnexus Biotechnologies for an undisclosed amount on November 6, 2024. The company is a producer of ayurvedic herbal supplements intended to help support an individual’s immunity and lung functions.
Sour Strips / The Hershey Company: The company was acquired by Hershey for an undisclosed amount on November 8, 2024. The company is a producer of sour candy products based in Stafford, Texas.
Vebu / Serve Robotics: The company reached a definitive agreement to be acquired by Serve Robotics for an undisclosed amount on November 7, 2024. The company is a developer of custom food automation machinery designed to automate the preparation and serving of restaurant food and beverages.
Wheeler Farms / Individual Investor: The company was acquired by Ms. Suzanne Deal Booth, owner of the Bella Oaks Vineyard, for an undisclosed amount on November 4, 2024. The company is an operator of a winery based in St. Helena, California.
Whole Earth Foods / KP Snacks: KP Snacks reached a definitive agreement to acquire the company, a subsidiary of Kallo Foods, for an undisclosed amount on November 6, 2024. The company is a producer of organic foods based in Blackwater, United Kingdom.
ZOA Energy / Molson Coors Beverage Company: The company reached a definitive agreement to be acquired by Molson Coors Beverage Company for an undisclosed amount on November 7, 2024. The company is a manufacturer of energy drinks.
Source: Pitchbook Data, Inc.
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