BREAKING: Panera CEO Steps Down
Panera CEO Jose Alberto Dueñas stepped down from his role as CEO today, with current CFO Paul Carbone taking his place until a permanent position holder is found. What could this mean for the future of the chain?
Mergers Archive
Why Conagra Is Ready to Say ‘Arrivederci’ to Chef Boyardee
Conagra is reportedly exploring the sale of its Chef Boyardee brand, a once-dominant player now struggling amid shifting consumer preferences for healthier options, as many similar legacy brands face limited growth prospects.
Kroger-Albertsons Mega-Merger Blocked: Grocery Game Resets
Federal judges on Tuesday blocked the proposed Kroger-Albertsons merger, citing concerns over reduced competition. The ruling presents an opportunity for smaller grocers to leverage personalized customer experiences to compete against retail giants.
M&A on the Menu: Jersey Mike’s Lays Out $8B Recipe for Growth
Private equity firm Blackstone on Tuesday announced its $8 billion acquisition of Jersey Mike’s. One industry insider feels the blockbuster deal signals an optimistic outlook for M&A in the sector.
Column: Pepsi Makes Bold Bet on Siete
PepsiCo’s acquisition of Siete Foods is a bold move, especially given that valuations in the Hispanic food space have traditionally been lower than expected. Siete’s better-for-you product line fits well into Pepsi’s snack portfolio, though.
Food & Beverage Manufacturing M&A Quarterly Report: Q2 2024
How Post Holdings Claimed the Best Packaged Food Stock in the Market
Since its spin-off from Ralcorp, Post has spent over $10 billion on acquisitions. It has taken impairment changes relative to acquired assets of less than $300 million. Meanwhile, off a cereal business worth about $2 billion, Post and Bellring are now worth over $20 billion combined (including the respective companies’ debt).
Food & Beverage Manufacturing M&A Quarterly Report: Q4 2023
Market Signals: Unpacking the Veggie Grill Acquisition
Plant-based chain Next Level Burger has acquired Veggie Grill from vegan investment fund VegInvest. The Food Institute spoke with industry analysts to unpack the potential ramifications of this transaction amidst ongoing financial challenges for plant-based and the restaurant industry at large.
Food & Beverage Manufacturing M&A Quarterly Report: Q3 2023
Nona Lim Announces Acquisition by Hong Kong-based DDC Enterprise Limited
Food & Beverage Manufacturing M&A Quarterly Report: Q2 2023
Food & Beverage Manufacturing M&A Quarterly Report: Q1 2023
Mergers, Acquisitions, Startups & Layoffs: What to Expect in 2023
Inflation is ebbing and the economy is weathering the rate hikes well. Unemployment is at a 50-year low, and recent tech layoffs are minimal compared to the volume of employees hired by those same companies the past several years.
Food, Beverage and Agribusiness Industry: Mid-year Review and M&A Outlook
Appetite for M&A remains strong despite economic headwinds U.S. food, beverage and agribusiness (“FB&A”) M&A volume peaked in 2021 (by number of announced deals), according to S&P Capital IQ, and while deal flow during the …
Column: Why Investors are Wary of Kroger-Albertsons Merger
The U.S. Federal Trade Commission will need to approve Kroger and Albertsons’ planned merger, and that agency has taken a skeptical view of corporate consolidation in recent years.
UPDATE: What Kroger, Albertsons’ Merger Means for Grocery Industry
Kroger Co. will merge with rival U.S. grocer Albertsons Cos. – a move that will create a grocery giant.
The Food Institute Acquires Latin America-focused Food Media Assets
NEW YORK, Oct. 12, 2022/FINewswire/– The Food Institute, the leading source for food industry news, data, and trends, announced today that the Company has acquired four Latin America-focused food media platforms: Global Fruit Latam, Global …
The Food Institute Secures Second Investment from Gellert Family to Accelerate Growth
PINE BROOK, N.J., Mar. 1, 2022/FINewswire/– The Food Institute, the leading source for food industry news, data, and trends, announced today that the company has secured a second round of investment capital from the Gellert …
Inaugural Protein & Plant Evolution™ Conference Announced
Interactive & Educational Conference Designed to Meet the Needs of Retailers, Foodservice Operators, Food Manufacturers, Investors, Financial Services and Policy Makers, Scheduled for June 1-3 February 16, 2022/FI Newswire/ – The Food Institute and The Lempert …
What would a Monster-Constellation Merger Mean?
Energy drink-maker Monster Beverage Corp and Constellation Brands Inc., which brews Corona beer, are reportedly in talks for a possible merger. What would a Monster-Constellation mash-up mean? Jameson Sharp, investment group partner and analyst with …
Analysis: Food Industry M&A Activity Shows No Signs of Slowing
Merger and acquisition activity in the food and beverage industry heated up in 2021, making up for lost time in the early days of the pandemic, but industry experts told The Food Institute the trend …
Restaurant Acquisitions Remain Red Hot
The sandwich market’s potential appears to be underscored by recent quick-service restaurant acquisitions. In the span of two weeks, a pair of QSR parent companies expanded their culinary offerings via acquisitions of established brands. Restaurant …
Gellert Global Group Acquires Assets Of Mitsui Foods, Inc.
Elizabeth, NJ, Nov. 2, 2021/FINewswire/– The Gellert Global Group has purchased specific assets of Mitsui Foods, Inc., a subsidiary of Mitsui & Co. (U.S.A.), Inc. Since 1953, Mitsui Foods has been importing fine grocery and …
Advertisement
FI-Home-NEW-2020Gaps
Advertisement
Product and Technology Gap ‘Fill-ins’ to Continue Driving Agtech M&A
Despite the pandemic, 2020 was a big year for agtech M&A activity. According to AgFunder’s 2021 Farm Tech Investment Report, 37 agriculture technology M&A deals were completed in fiscal year 2020. As is often the case, …
FI Webinar Recap: What’s Driving Food & Beverage M&A Activity?
The food and beverage industry has seen no shortage of mergers and acquisitions of late, to put it mildly. And that begs the question: What, exactly, are the driving forces behind these transactions? In a recent webinar …
CEOs: Merger of Panera, Caribou, and Einstein Bros. Should ‘Turbocharge’ Growth
In a major merger announced Thursday, Panera Bread joined forces with Caribou Coffee and Einstein Bros. Bagels to form Panera Brands. The new group includes more than 4,000 fast-casual restaurants. The pact sent reverberations throughout …
U.S. Meat Processing Update: As Industry Faces Oversight, Sanderson Explores Sale
As demand for chicken products rises, and the meat industry addresses anti-competitive behavior, Sanderson Farms Inc. is reportedly exploring a sale. POSSIBLE SANDERSON SALE Sanderson Farms tapped Centerview Partners for advice on its potential sale …
M&A, IPO Activity Picking Up Pace
Acquisitions and IPOs seem to be gaining momentum heading into the summer. Here’s a look at notable business moves in the food industry in recent days: PILGRIM’S PRIDE TO ACQUIRE KERRY CONSUMER FOODS Pilgrim’s Pride …
A Tale of Two Recent Acquisitions: Essentia vs. Lone River Beverage Co.
In the Fall and Winter of 2020, the market witnessed several high-profile CPG acquisitions by strategic multinational CPG players. I want to contrast two cases that live on extreme ends of the typical continuum of …
Industry Insiders: Current Market ‘Very Conducive to M&A’ in Food Industry
On March 17, The Food Institute hosted a webinar on the prospects for mergers and acquisitions activity in the food industry. The event provided a deep dive into M&A trends, with analysis from Lech Czerski, …
Why Essentia’s Growth and Exit is a Critical Model for Strategics and Smart Investors
Many investors are chasing the next RX Bar deal. They scan trade PR, follow Bevnet, and angle in aggressively on the latest fad-driven startups. When these folks approach founders, they like to pressure the founder …
Food Industry Part of `SPACtacular’ Shift in Capital Markets
The food industry is one of many accelerating the use of special purpose acquisition companies. But with SPACs positioned to quadruple this year, are these companies poised to become the next Internet bubble or subprime …
Nestle’s Sale of Water Brands Signifies Key Change in Philosophy
Nestle has agreed to sell its regional spring water brands, purified water business and beverage delivery service in North America to One Rock Capital Partners, in partnership with Metropoulos & Co., for $4.3 billion. The sale includes …
Report: Hormel in Talks to Buy Planters, Continuing Greater Snack Acquisition Trend
Hormel is reportedly in talks to buy Planters from Kraft Heinz for approximately $3 billion. Citing people familiar with the matter, The Wall Street Journal said the deal could be announced as early as next …
McCormick Enters New Year on Acquisition Spree
McCormick & Company, which manufactures spices, seasoning mixes, and more for a large swath of the food industry, has worked feverishly in recent months to strengthen and diversify its business through strategic acquisitions. In particular, …