The middle-market private equity firm PNC Riverarch Capital has acquired baked foods manufacturer Backerhaus Veit, Ltd. Mississauga, Ont., from Swander Pace Capital.
Café Valley Bakery, a producer and distributor of baked foods to in-store bakery and foodservice customers, has acquired the assets of Freed’s Bakery, a Manchester, NH-based maker of iced mini cupcakes.
Nuts and dried fruit processor John B. Sanfilippo & Son, Inc. has acquired the Just the Cheese brand from Specialty Cheese Company, Inc., Reeseville, Wis.
The next step in The Kroger Co.’s acquisition of Albertsons Companies is an expected second request for additional information from the Federal Trade Commission.
Expanding its oilseeds network, Cargill has entered a definitive agreement to acquire Owensboro Grain Co. LLC, a fifth-generation, family-owned soybean processing facility and refinery located in Owensboro, Ky.
Foodservice equipment manufacturer Middleby Corp. acquired Escher Mixers, an industrial bakery equipment supplier. Financial details of the transaction were not disclosed.
Following The Kroger Co.’s proposed acquisition of Albertsons, the Washington State Court granted a temporary restraining order on Nov. 3 on the basis that the company would be unable to compete if it paid the $6.85 per common share special dividend while the merger is under antitrust review.
Grupo Bimbo SAB de CV has acquired St. Pierre Groupe, a United Kingdom-based baker of premium brioche-style products with a growing presence in the United States. The transaction was disclosed in Bimbo’s third-quarter financial results report.