Clearlake Capital Group has partnered with Bill Moses, co-founder and former chairman of KeVita Probiotic Drinks, to launch Disruptive Brands, a new accelerator created to invest in and support emerging better-for-you food and beverage startups. Founded in 2006 in Santa Monica, California, Clearlake Capital is a leading middle market private investment firm that has led […]
Leading organic and natural food company Hain Celestial Group Inc. announced that it has acquired Clarks UK Ltd – a natural sweetener and leading maple syrup brand through one of its wholly-owned subsidiaries, Hain Daniels. Based in Newport, South Wales, privately-owned Clarks produces a range of maple syrups and honey, along with lines of other […]
Powerful, a U.S.-based producer of a line of high-protein foods and beverages, announced in early November that it had raised $4 million through a Series B led by private equity firm, River Hollow Partners, and asset-based lending (ABL) financing through a partnership with New York-based Gerber Finance. One month later, on December 4, Cambridge Companies […]
The historic 2,870-hectare South Australian cattle and sheep station, Mount Schanck, has been sold by the Evans family to Thomas Foods International for more than $50 million cash. Established in 1988, Thomas Foods has grown to become the largest family-owned meat processor in Australia, and the third largest overall meat processor in the country behind […]
Canada’s self-proclaimed top packaged meat provider, Maple Leaf Foods, announced it has reached a definitive agreement to acquire Field Roast Grain Meat Co., a Seattle, Washington-based maker of premium plant-based meats for $120 million. Headquartered in Mississauga, Ontario, Maple Leaf is a focused consumer packaged meats company that is organized into two groups – its […]
TRT Pastoral Co., headed by Victorian businessman Tim Roberts-Thompson, has agreed to acquire the King Island Aggregation from the Sustainable Agriculture Fund (SAF) for $45 million. Consisting of 6,785 hectares (16,800 acres), the King Island aggregation includes the Boongara, Dinibili, Longford, and Reekara Park stations running 5,300 lead of Lawsons-blood Angus cows, according to Beef […]
Craig Mostyn Group (CMG) and V&V Walsh, two of the largest agribusinesses in Australia, have agreed to a $100 million phased deal through which Craig Mostyn will fully acquire V&V Walsh over the course of five years. Founded in Freemantle, Australia, in 1923 by George Craig and Robert Long Mostyn, CMG has grown to include […]
U.S.-based middle market buyout and growth capital private equity firm Vestar Capital has agreed to acquire Nonni’s Biscotti from Wind Point Partners, which has owned the company since 2011, for an undisclosed amount. Founded in Oakbrook, Illinois, Nonni’s creates premium artisanal, Italian-inspired based products including biscotti, thin cookies, and dark chocolate items at its manufacturing […]
Japanese trading house Mitsui is expanding its presence in Africa, investing $265 million to acquire a minority stake in Dubai-based agricultural trader, ETG Group of Dubai. Founded in 1967, ETG is active in originating and trading sesame seeds, pulses, and other agricultural products; fertilizer, agrochemicals, and seed sales; storage, and food manufacturing and processing. The […]
Canada’s largest single-profession pension fund, the C$180.5 billion Ontario Teachers Pension Plan (Ontario Teachers), announced it has made its first investment in aquaculture, acquiring Atlantic Aqua Farms from San Francisco-based Encore Consumer Capital for an undisclosed amount. Founded on Prince Edward Island (PEI), Canada, more than 25 years ago, Atlantic Aqua Farms has grown to […]
