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Food delivery is seeing more consolidation: GrubMarket snaps up FreshGoGo

TechCrunch: M&A

billion, food delivery and supply chain startup backed by Tiger Global, BlackRock and nearly 100 other investors, has snapped up another food delivery startup on its consolidation march: It is acquiring FreshGoGo, a New York-based, B2C platform selling Asian groceries and ready-made dishes. GrubMarket, the $3.6-billion,

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Strategic Acquisitions for Sustainable Practices Integration in Food Distribution

Sun Acquisitions

Along the aisle view of empty warehouse interior In the evolving landscape of global food distribution, the urgency for sustainable practices has never been more pronounced. With the world grappling with climate change, biodiversity loss, and a growing population, the food distribution sector stands at a crucial crossroads.

Food 52
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Food & Beverage 3Q 2024 Report

Focus Investment Banking

In Q3 2024, 113 transactions were announced in the food and beverage industry, continuing a trend of steady deal volume across segments and reflecting a 25% increase in M&A activity on a year-over-year basis. The post Food & Beverage 3Q 2024 Report appeared first on FOCUS. DOWNLOAD THIS REPORT.

Food 52
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Just Miles from Kroger’s Court Battle, a Food Desert Shows What’s at Stake

The New York Times: Mergers, Acquisitions and Dive

In a Portland suburb, residents already know what deteriorating access to fresh food looks like. Federal regulators are trying to block Kroger’s merger with Albertsons.

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Above Food Strengthens its Pet Food Ingredient Platform with Recent Montana-Based Asset Acquisition

Global Newswire by Notified: M&A

Acquisition expands Above Food's pet food business to approximately US$110M of combined company revenues on a proforma basis Strengthens customer base,

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Leveraging AI and Machine Learning through Strategic Acquisitions: Streamlining Food Distribution Operations

Sun Acquisitions

In the wake of the COVID-19 pandemic, the food distribution sector has faced unprecedented challenges, from disruptions in supply chains to rapidly changing consumer demands. For small to mid-sized food distributors, these challenges have underscored the need for more agile and intelligent supply chain management solutions.

Food 52
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Above Food's Recent Montana-Based Asset Acquisition Expands Access to High-Growth Pet Food Market and Strengthens Chickpea Market Presence

Global Newswire by Notified: M&A

15, 2024 (GLOBE NEWSWIRE) -- Above Food Ingredients Inc. 15, 2024 (GLOBE NEWSWIRE) -- Above Food Ingredients Inc. The acquisition, which was initially announced on August 9, 2024, was completed for consideration of US$34 million plus working capital, subject to final closing adjustments. REGINA, Saskatchewan, Aug.

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