News

CAMDEN, N.J.–(BUSINESS WIRE)–Feb. 26, 2019– Campbell Soup Company (NYSE: CPB) announced today that it has signed a definitive agreement for the sale of Garden Fresh Gourmet to an affiliate of Fountain of Health USA, a maker of hummus, dips, variety packs, prepared salads, pâtés, and frozen desserts. Terms of the transaction were not disclosed. Garden Fresh Gourmet is part of the Campbell Fresh division, which also includes Bolthouse Farms. Campbell recently announced the sale of its Everett, Washington, refrigerated soup plant that was also part of Campbell Fresh. As outlined in August 2018 as part of its Board-led strategy and portfolio review, Campbell is in the...

Mexico City, February 12, 2018 – Grupo Bimbo today announced an agreement to acquire Mankattan Group, a key player in the baking industry in China, which will advance the company’s global growth strategy in highgrowth segments and markets. Mankattan, with more than 20 years of experience in the market and number two national wholesale bakery company in China, produces and supplies sliced bread, cakes, buns and Yudane (a Japanese-style sandwich bread), among other baked products to modern, traditional and QSR clients. Mankattan employs 1,900 associates and operates four plants that serve the thriving urban markets of Beijing, Shanghai, Sichuan, and...

Brussels, Belgium – December 19th, 2017 – Fortino Capital announced that they have reached an agreement to acquire a majority stake in MobileXpense through an investment of 20 million euros. MobileXpense is a Brussels-based Software-as-a-Service (SaaS) company specialized in travel and expense management. MobileXpense was created in 2000 by Xavier Deleval and Patrick Billiet. The company has offices in Germany, the Netherlands, Romania and Canada in addition to Belgium. Fortino’s investment will enable the company to further expand internationally and grow in the middle to large customer segment. Fortino Capital is a Brussels-based investment company, co-founded by Duco Sickinghe, Renaat...

Philadelphia, PA / Leominster, MA – November 20, 2017 – Graham Partners, a private investment firm targeting industrial technology and advanced manufacturing companies, announced today its acquisition of EasyPak LLC (“EasyPak”). Easypak is a leading thermoformed packaging provider with advanced operating capabilities, a history of innovation, and best-in-class service. Headquartered in Leominster, MA, EasyPak serves an attractive base of food producing customers. EasyPak is differentiated by its ability to offer packaging made from 100% post-consumer recycled materials, among other value-added capabilities. Management will retain a minority stake in the business and will continue to support EasyPak in its expansion plans....

Mexico City, October 16, 2017 – Grupo Bimbo, S.A.B. de C.V. (“Grupo Bimbo”) announced today that it has completed the acquisition of East Balt Bakeries (“East Balt”), a global leader within the foodservice industry, for a price of US$650 million, cash and debt free.  Atlas Advisors acted as the exclusive financial advisor to Grupo Bimbo on the transaction. East Balt is a leading foodservice-focused company that produces and supplies buns, English muffins, rolls, tortillas, bagels, artisanal breads and other baked goods predominantly to Quick Service Restaurants (“QSR”) around the world. Founded in 1955 and headquartered in Chicago, IL, East Balt...

Van Geloven B.V. (“Van Geloven”) announced today their acquisition of Swinkels Snackery & Backery. The transaction fits well within Van Geloven’s international growth strategy where it believes there is a strong opportunity for cheese products.

Van Geloven B.V. (“Van Geloven”) announced today its intention to take over a segment of the brand portfolio of Royaan BV. As a result of the acquisition, a part of both the foodservice and retail activities of Royaan will be transferred to Van Geloven.

Le Pain Quotidien, the Belgian full-service restaurant and bakery, today announced that it has welcomed the investment company Cobepa in its shareholder base alongside existing investors to help with its next phase of growth.

Tilburg, Netherlands / Toronto, Canada / London, England – March 3rd, 2016 — McCain Foods Limited (“McCain”) and TowerBrook Capital Partners L.P. (“TowerBrook”) announced today that they have agreed terms for the sale of a majority stake in Van Geloven B.V. (“Van Geloven”) to McCain. Following completion of the transaction, TowerBrook will remain a shareholder in the business and will continue to support Van Geloven in its expansion plans. The transaction will give Van Geloven access to McCain’s extensive network across Europe and will support its ambition of creating a leading frozen snacks company in Europe. Atlas Advisors has acted as...

Amersfoort, the Netherlands/Indianapolis, USA | 7 December 2015 – Nutreco has entered into an agreement with The Heritage Group, owners of Micronutrients, to acquire this global leader in hydroxy-based trace minerals. The acquisition enables Trouw Nutrition, Nutreco’s animal nutrition business, to further strengthen its Selko Feed Additives portfolio. The transaction, which is subject to regulatory approvals, is expected to close in the first quarter of next year. Knut Nesse, CEO of Nutreco: “Our strategy is to address global trends in the animal protein value chain by providing our customers innovative and sustainable nutritional solutions that require advanced technical and application...