Swire Coca-Cola / John Swire & Sons: Swire Coca-Cola, a subsidiary of Swire Pacific was acquired by John Swire & Sons for $3.9 billion on September 7, 2023. The company is a distributor of beverages that include various types of soft drinks such as energy, low-calorie, diabetic and caffeine-free, and is based out of Draper, Utah, United States.
Freight Farms / Agrinam Acquisition: The company reached a definitive agreement to be acquired by Agrinam Acquisition for an estimated $147 million as of September 6, 2023. The company is a developer of a vertical farming platform intended to offer on-site commercial food production anywhere.
Treehouse Foods / John B. Sanfilippo & Son: John B. Sanfilippo & Son entered into a definitive agreement to acquire the Manufacturing Facility Located In Lakeville, Minnesota and customer relationships of Treehouse Foods for $63 million on September 06, 2023. The company is an operator of a manufacturing facility located in Lakeville, Minnesota for the snack bar business.
Anora Group / International Beverage Holdings: International Beverage Holdings (UK) reached a definitive agreement to acquire the Larsen Cognac Business of Anora for EUR 54.1 million on September 6, 2023. The company is an operator of an alcoholic beverages production business based in Cognac, France.
Clan Campbell / Stock Spirits Group: The company, a subsidiary of Pernod Ricard, was acquired by Stock Spirits Group, via its financial sponsor CVC Capital Partners, through an LBO on September 9, 2023 for an undisclosed amount. The company is a manufacturer of a scotch whiskey brand and engages in blending, preparing, distillation and aging whiskey.
Freebird Mushroom Spores / Quality Spores: The company was acquired by Quality Spores for an undisclosed amount on September 7, 2023. The company is a provider of mushroom spores, and offers golden teacher mushrooms, blue meanie mushrooms, fiji island mushrooms, and other varieties.
M & V Provision Co. / Legacy Food Group: The company was acquired by Legacy Food Group, via its financial sponsor Quad-C Management, through an LBO on September 8, 2023 for an undisclosed amount. The company specializes in the manufacturing and distribution of cheese, processed meats, salads, meat and poultry products.
Sonoma-Loeb / Royal Wine Corporation: The company was acquired by Royal Wine Corporation for an undisclosed amount on September 6, 2023. The company produces chardonnays and pinot noirs and is based out of California, USA.
Soya International / National Lecithin: The company, a subsidiary of AAK was acquired by National Lecithin for an undisclosed amount on September 5, 2023. The company is a supplier of non-GMO and organic products catering to the food industry. Its products include soy, sunflower, proteins, lecithins, vegetable-based emulsifiers, spices, acidulates, stabilizers and food additives.
Source: Pitchbook Data, Inc.