The transaction involves the divestiture of Kraft Heinz’s natural, grated, cultured and specialty cheese businesses in the United States; its grated cheese business in Canada; and its grated, processed and natural cheese businesses outside the United States and Canada.
November 29, 2021
The Kraft Heinz Co., headquartered in Pittsburgh and Chicago, said it completed the sale of certain assets in its global cheese business and the license of certain trademarks to an affiliate of Groupe Lactalis for total consideration of approximately $3.3 billion, including cash consideration of approximately $3.2 billion.
The acquisition will help Batory Foods to elevate its specialty ingredients portfolio.
November 16, 2021
Rosemont, Ill.-based Batory Foods, a distributor of commodity and specialty food ingredients, said it acquired DMH Ingredients, a food and beverage ingredients distributor, along with its sister company, Naturestock Foods.
The acquisition will enable Givaudan to establish a global leadership position in natural colors.
October 13, 2021
As part of its 2025 strategy to expand the portfolio of its global Taste & Wellbeing business, Geneva-based Givaudan said it reached an agreement to acquire DDW, The Color House, a Louisville, Ky.-based natural color company.
The investment will allow both companies to continue to grow and strengthen their global businesses.
September 8, 2021
Unibloc Pump, Kennesaw, Ga., said it acquired Flotronic Pumps Ltd, a Bolney, England-based manufacturer of specialized air-operated double diaphragm (AODD) pumps and associated accessories.
The company said the acquisition of these businesses will better position the company for capturing the growing demand for aseptic protein beverages and nutritional snacks.
September 1, 2021
Saputo Inc., Montreal, said it completed the acquisition of the Carolina Aseptic and Carolina Dairy businesses formerly operated by AmeriQual Group Holdings LLC.
Maryland & Virginia Milk Producers Cooperative is a community of more than 900 dairy farm families in 13 states that is “passionate about cultivating dairy goodness and bottling fresh Maola brand milk and dairy products.”
The acquisition will expand Lifeway Foods’ position within the better-for-you drinkable dairy space.
August 3, 2021
Lifeway Foods Inc., a Morton Grove, Ill.-based supplier of kefir and other fermented probiotic products to support the microbiome, announced its intent to acquire certain assets of privately held Laguna Beach, Calif.-based GlenOaks Farms Inc., a drinkable yogurt brand founded in 1984.
The acquisition will expand the Canadian company’s branded position in the U.K. and abroad.
July 6, 2021
Saputo Inc. said it entered into an agreement to acquire the activities of Wensleydale Dairy Products Ltd. The business, which will join Saputo Inc.’s Dairy Division (U.K.) under its Europe Sector, operates two facilities located in North Yorkshire, England, and employs approximately 210 people.