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Lipari Foods, Hofmann Menu-Manufaktur, Pipers Crisps

foodprocessing-technology 2018-12-09
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Lipari Foods LLC has completed the acquisition of Heagy Foods Inc, including Guernsey’s Gift brand, for an undisclosed sum.

 

Lipari Foods is a food distributor, while Heagy Foods is a speciality deli company.

 

The transaction enables Lipari to expand across Pennsylvania and beyond.

 

Partners Group AG intends to sell Hofmann Menu-Manufaktur GmbH for approximately €500m ($570m).

 

Hofmann is a provider of frozen food products and on-site catering services, while Partners Group offers investment management services.

 

Rothschild & Co is the advisor to Partners Group for the potential transaction.

 

PepsiCo intends to acquire UK-based Pipers Crisps for an undisclosed sum.

 

Founded in 2004, Pipers Crisps produces quality crisps with local potatoes, while PepsiCo is a global food and beverage firm.

 

The transaction allows PepsiCo to grow Pipers’ business in the UK and expand its snacking range.

 

Firmenich has acquired Senomyx, a high-intensity sweeteners and flavour ingredients maker based in the US.

 

based in Switzerland, Firmenich is a fragrance and flavour company, while Senomyx is an innovator of sweet and bitter solutions.

 

The transaction enables Firmenich to offer healthier food and drink products to its customers.

 

Sentry Merger Sub, a wholly-owned subsidiary of Firmenich, has acquired all outstanding shares of Senomyx’s common stock priced at $1.50 a share.

 

Senomyx will be combined with Firmenich’s North America research and development organisation, and its products will be sold through its Taste Platform.

 

Hearthside Food Solutions has acquired a baking facility in Seelyville, Indiana, for an undisclosed amount.

 

The baking facility was previously operated by Kellogg Company for the production of cookies, crackers and other baked products.

 

The 187,000ft² baking facility was continuously expanded and modernised until 2001.

 

The acquisition has increased Hearthside’s network to 26 facilities.

 

PepsiCo has completed the acquisition of Health Warrior for an undisclosed amount.

 

Founded in 2011, Health Warrior is a producer of nutrition bars and on-trend products containing plant-based superfood ingredients.

 

Health Warrior’s products include plant-based mug muffins, protein powder and nutritious pumpkin seed bars. All of its products are non-GMO, gluten-free and low in sugar.

 

The acquired business will form part of PepsiCo HIVE, which accelerates the growth of smaller brands.

 

Flowers Foods has agreed to acquire Canyon Bakehouse for approximately $205m.

 

based in the US, Flowers Foods is a producer and marketer of packaged bakery foods, while Canyon Bakehouse is a gluten-free baking company.

 

Deutsche Bank is the financial advisor to Flowers Foods, while Integris Partners is the financial advisor to Canyon Bakehouse for the transaction.

 

Jones Day is the legal counsel to Flowers Foods, while Brownstein Hyatt Farber Schreck is the legal counsel to Canyon Bakehouse for the transaction.

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