M&A Transactions
Newly Weds Foods / Redwood Holdings: The company entered into a definitive agreement to be acquired by Redwood Holdings through an estimated $4 billion LBO on October 18, 2023. The company offers ingredients for raw meat and poultry, food coatings, seasoning systems and functional ingredients.
Vine Cliff Winery / SCW Fund: The company was acquired by SCW Fund for $57 million on October 17, 2023. The company, headquartered in California United States, offers handcrafted wines, wine tasting and estate picnics.
Jelly Belly Candy / Ferrara Candy Company: The company reached a definitive agreement to be acquired by Ferrara Candy Company, a subsidiary of Ferrero International, for an undisclosed amount on October 18, 2023. The company offers sugar candies and confectionary products.
Palace Culture / The ComplEat Food Group: The company was acquired by The ComplEat Food Group, a subsidiary of Addo Food Group, for an undisclosed amount on October 17, 2023. The company, based in London, United Kingdom, is a manufacturer of plant-based cream cheese.
Strauss Brands / Catelli Brothers: The Veal and Lamb Business of Strauss Meats reached a definitive agreement to be acquired by Catelli Brothers for an undisclosed amount on October 18, 2023. The company, based in Collingswood, New Jersey, is a producer of veal and lamb meat.
Toad Hollow Vineyards / WarRoom Cellars: The company was acquired by WarRoom Cellars for an undisclosed amount on October 19, 2023. The company, based in Healdsburg, California, is a producer of a variety of wines.
Source: Pitchbook Data, Inc.
|