JD Supra: Mergers

SEPTEMBER 17, 2024

The US Department of Justice (DOJ) filed a complaint and proposed consent decree alleging that Legends Hospitality Parent Holdings prematurely acquired beneficial ownership – often referred to as “gun jumping” – in connection with its proposed acquisition of ASM Global.

Hospitality 280

Hospitality Food Acquisitions IT 280

Sun Acquisitions

APRIL 18, 2024

Sun Acquisitions announces its latest sell-side engagement, representing a well-established catering business in operation for over 30 years and based in Illinois. Sun Acquisitions, a renowned mergers and acquisitions firm based in Chicago, will oversee the sell-side engagement which will be led by senior advisor Kevin Collins.

Acquisitions 59

Acquisitions Mergers and Acquisitions Business Food 59

Focus Investment Banking

OCTOBER 11, 2024

GrubMarket, a B2B food marketplace that primarily sells to retail grocers, has become one of the most active buyers in food distribution M&A. Since its founding in 2014 the company has made north of 60 acquisitions, with the majority of those acquisitions focused on B2B produce distributors.

Food 52

Food M&A Acquisitions Funds 52

Sun Acquisitions

MARCH 1, 2024

A leading provider of commercial food-service furniture solutions initiates sell-side engagement managed by Sun Acquisitions. Sun Acquisitions, a Chicago-based mergers and acquisitions firm, will oversee the sell-side engagement.

Food 59

Food Mergers and Acquisitions Acquisitions Middle Market 59

Sun Acquisitions

AUGUST 2, 2024

In the dynamic landscape of food distribution, evolving consumer preferences have increasingly leaned towards health and wellness products. Mergers and acquisitions (M&A) have become a strategic tool for food distributors to achieve this diversification rapidly and efficiently.

Food 52

Food M&A Mergers and Acquisitions Portfolio 52

Sun Acquisitions

MARCH 26, 2024

The commercial food distribution industry is at a pivotal crossroads. A tactical maneuver gaining traction is the consolidation of operations through mergers and acquisitions (M&A). Business acquisition is not merely about expansion; it’s a strategic reshaping of a food distribution company’s operational DNA.

Food 52

Food M&A Mergers and Acquisitions Acquisitions 52

JD Supra: Mergers

DECEMBER 18, 2023

At a recent Food and Drug Law Institute (FDLI) conference, Arun Rao, Deputy Assistant Attorney General for the US Department of Justice’s (DOJ’s) Consumer Protection Branch (CPB), reiterated DOJ’s “Safe Harbor Policy” with respect to mergers and acquisitions (M&A).

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M&A Mergers and Acquisitions Food Corporation 163

Benchmark International

JULY 2, 2024

Benchmark International is pleased to announce the acquisition of Old Mill by MFC Foods ( t/a Dessert First ).

Food 59

Food Acquisitions Mergers and Acquisitions Mergers 59

The Guardian: Mergers & Acquisitions

JULY 22, 2024

The problem is our monopolised food system. Think of it as a vast profit machine shaped like an hourglass, with many food producers at the top, millions of consumers at the bottom, and a few dominant firms – such as giant supermarkets or global food traders – clustered at its narrowing neck, siphoning a cut from the passing traffic.

Food 111

Food Profitability IT Trading 111

TechCrunch: M&A

AUGUST 21, 2024

Zomato, the Indian food delivery giant, has acquired the entertainment ticketing business of financial services firm Paytm for $244.1 The acquisition, among the largest M&A deals among new-age Indian tech companies, includes Paytm’s ticketing services for movies, sports and events.

Entertainment 183

Entertainment Business Financial Services Food 183

Intrepid Banker Insights

MARCH 11, 2024

Intrepid Investment Bankers Food, Beverage & Agriculture Sector Update – Winter 2024 We’re excited to present our latest sector update highlighting key themes we are tracking across food and beverage categories in 2024! Consider these insights for the year ahead!

Food 52

Food Mergers and Acquisitions Manufacturing Investment 52

JD Supra: Mergers

SEPTEMBER 4, 2024

August 01, 2024: SEAM Group, a B2B business products and services company that provides safety, reliability, maintenance, and enterprise asset management services in the hospitality, food processing, and pharmaceutical industries, was acquired by ABB for an undisclosed amount.

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M&A Hospitality Asset Management Pharmaceutical 169

Sun Acquisitions

APRIL 4, 2023

Sun Acquisitions is pleased to announce the successful sale of Custom Cylinders, Inc. These products are used for food packaging and processing, medical, printing, automotive, material handling systems and other applications. About Sun Acquisitions : Sun Acquisitions is a Chicago-based mergers and acquisitions firm.

Sale 52

Sale Acquisitions Mergers and Acquisitions Advisory 52

Sun Acquisitions

FEBRUARY 26, 2024

The food distribution industry is at a critical juncture, grappling with labor shortages that threaten the stability and efficiency of supply chains. The Role of M&A in Addressing Labor Shortages M&A offers a strategic avenue for food distribution companies to acquire technological solutions to mitigate labor shortages.

Food 52

Food M&A Mergers and Acquisitions Broker 52

Focus Investment Banking

AUGUST 20, 2024

2Q 2024 M&A Report : The second quarter brought a slight uptick in Food & Beverage deal volume, offering a positive signal as M&A markets recover from the declines observed in 2023. DOWNLOAD THIS REPORT The post Food & Beverage 2Q 2024 Report appeared first on FOCUS.

Food 52

Food Middle Market M&A Valuation 52

TechCrunch: M&A

NOVEMBER 12, 2024

Netherlands-based food delivery company Just Eat Takeaway.com said on Wednesday that it is selling its U.S. business Grubhub to New York-based Wonder Group in a deal valued at $650 million — a stark 91% less than the $7.3 billion Just Eat Takeaway paid for the company just four years ago.

Food 262

Food Business IT Mergers and Acquisitions 262

JD Supra: Mergers

FEBRUARY 2, 2024

Our M&A team is honored to have represented clients in some of the most compelling transactions in 2023—from advising SoftBank on two acquisitions of public companies in the robotics space, to partnering with sustainable food chain investing firm Paine Schwartz Partners and Special New Fruit Licensing (SNFL) on SNFL’s combination with International (..)

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M&A Food Acquisitions Investment 180

The Guardian: Mergers & Acquisitions

AUGUST 14, 2024

All-cash offer would dwarf 2008 takeover of Wrigley by Mars but could face scrutiny from watchdogs Mars, the chocolate to pet food group, has reportedly struck a $30bn (£23.4bn) deal to buy Kellanova, the maker of Pringles and Pop-Tarts.

Food 87

Food Acquisitions IT Mergers and Acquisitions 87

Focus Investment Banking

SEPTEMBER 10, 2024

Unlock the potential of the dairy market by embracing change and innovation in an evolving industry For business owners in the food and beverage industry, the dairy market presents both challenges and opportunities. Froneri’s origins date back to PAI’s acquisition of a large private label ice cream manufacturer, R&R.

Food 52

Food Private Equity Business Sale 52

Benchmark International

APRIL 3, 2024

Explore the latest trends in the 2024 Global Consumer, Food, & Retail Industry Report. Read more to discover key insights from social commerce to same-day delivery and more.

Food 59

Food Retail Mergers and Acquisitions Acquisitions 59

TechCrunch: M&A

AUGUST 18, 2023

announced this morning its acquisition of Boxed.com and “other intellectual property portfolios and affiliates” in an all-cash transaction. MSG says it will continue to serve Boxed customers, vendors and brands following the acquisition. based regional distributor MSG Distributors, Inc. ”

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Mergers and Acquisitions Retail Food Acquisitions 171

The Harvard Law School Forum

JANUARY 7, 2023

Russia’s invasion of Ukraine sparked the largest armed conflict in Europe since World War II, creating a mass humanitarian crisis in Ukraine and the region, multiplying food and energy insecurity around the world, and exacerbating unresolved supply chain disruption caused by the coronavirus pandemic. Acquisitions of U.S.

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M&A Acquisitions Accountant Government 100

TechCrunch: M&A

JULY 21, 2023

Singapore’s ride-hailing and food delivery company Grab has signed an agreement for its car rental unit Grab Rentals to acquire Trans-cab , the city-state’s third-largest taxi operator. The Nasdaq-listed ride-hailing giant says the acquisition will allow Grab to provide a more extensive base of drivers.

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Mergers and Acquisitions Initial Public Offering Acquisitions Management 234

Sun Acquisitions

JANUARY 26, 2024

As ancillary costs drive up the operating expenses of smaller food distributors, many are turning to mergers and acquisitions (M&A) as a strategic solution. The Challenge of High Operating Expenses The food distribution industry is notorious for thin margins and high operational costs.

M&A 52

M&A Food Mergers and Acquisitions Mergers 52

The New York Times: Mergers, Acquisitions and Dive

JANUARY 26, 2024

Major Food Group, the team behind Carbone, plans to help Altamarea Group open Marea satellites around the world.

Food 63

Food Mergers and Acquisitions Acquisitions Mergers 63

TechCrunch: M&A

SEPTEMBER 27, 2023

French grocery delivery startup La Belle Vie is acquiring Frichti, another food delivery service that was placed under court-ordered receivership. This is yet another chapter in the tumultuous story of quick commerce and food delivery […]

Food 268

Food Mergers and Acquisitions Acquisitions Mergers 268

Peak Frameworks

MAY 2, 2024

Understanding Vertical Mergers A vertical merger involves a company integrating with another that operates within its own supply chain, either upstream (suppliers) or downstream (distributors). Anti-trust Issues: Especially in North America, regulatory scrutiny can delay or derail mergers that significantly alter market dynamics.

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Mergers Mergers and Acquisitions Financial Analysis Discounted Cash Flow 52

Benchmark International

JULY 3, 2023

Benchmark International is pleased to announce Bidvest Branded Products Holdings' acquisition of Green Home Products. For over a decade, Green Home Products has blazed a trail in introducing environmentally friendly, compostable food packagings solutions, such as bagasse and plant-based bioplastic products, to the Southern African market.

Acquisitions 52

Acquisitions Food IT Mergers and Acquisitions 52

Intrepid Banker Insights

DECEMBER 12, 2023

Intrepid Investment Bankers Intrepid elevates Brian Levin to Co-Head of its Food, Beverage & Agriculture practice and hires Gavin Daniels as Managing Director Intrepid Investment Bankers announced today the expansion of its Food, Beverage & Agriculture (FBA) team.

Food 52

Food Management Middle Market IT 52

The Guardian: Mergers & Acquisitions

NOVEMBER 13, 2024

The Netherlands-based Just Eat, which is Europe’s largest meal delivery company, had been looking to offload its US unit since as early as 2022 , as the pandemic-fuelled boost to online food shopping faded and it grappled with tough competition. Continue reading.

Food 74

Food IT Mergers and Acquisitions Acquisitions 74

Benchmark International

JULY 6, 2023

Benchmark International has successfully facilitated a transaction between Sunny Morning Foods, Inc. Fort Lauderdale, FL) and Burris Logistics (Milford, Delaware).

Food 52

Food Mergers and Acquisitions M&A Acquisitions 52

The Guardian: Mergers & Acquisitions

OCTOBER 16, 2024

Shares in food company jump 13% after reports Advent is in early stages of preparing an offer Tate & Lyle could become the next UK company to fall to an overseas takeover offer, following reports that US private equity firm Advent International is preparing a bid for the group.

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Private Equity Food Equities Shares 69

Benchmark International

JULY 10, 2023

Benchmark International is pleased to announce the acquisition of Walsall-based First Response by Slough-based Impact Futures. The acquisition of First Response serves as a bolt-on to Impact Futures learning programmes, expanding the company’s portfolio of training solutions for businesses and individuals.

Food 52

Food Portfolio Acquisitions Business 52

Benchmark International

JUNE 14, 2023

Benchmark International is pleased to announce the acquisition of James Hamilton Group by Zeus Group. It now has 51 locations worldwide, having embarked on a series of acquisitions since 2019. By joining forces with James Hamilton Group, Zeus will expand its current offering in the food and retail packaging sector.

Food 52

Food Retail Acquisitions Manufacturing 52

Sun Acquisitions

AUGUST 22, 2024

To mitigate these risks and build more resilient supply chains, companies are increasingly turning to strategic mergers and acquisitions (M&A). For example, a food processing company merging with another can combine their supplier networks, ensuring a more stable supply of raw materials.

M&A 52

M&A Management Mergers and Acquisitions Food 52

M&A Leadership Council

FEBRUARY 8, 2024

The Art of M&A® / Financing and Refinancing An excerpt from The Art of M&A, Fifth Edition: A Merger, Acquisition, and Buyout Guide by Alexandra Reed Lajoux Can a buyer always finance all or part of a transaction through partial divestments or spin-offs? Not necessarily. United States of America: McGraw Hill, 2019.

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M&A Finance Finance Mergers and Acquisitions 59

The Deal

AUGUST 16, 2023

“We [have] closed 24 acquisitions but we probably lost over 250 acquisitions over the past nine years — we are bidding on all the opportunities that are out there but we are also very disciplined.” was founded as GPM Investments LLC in 2003 and went public in 2020 via a merger with a SPAC. Richmond, Va.-based

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Mergers and Acquisitions Acquisitions Food Investment 52