Hillenbrand, Inc.’s acquisition of LINXIS Group was formally completed, the company announced in a news statement. LINXIS Group will be a part of the Coperion Food, Health & Nutrition Division.
Japan’s Yamazaki Baking announced the purchase of the packaged bread business of Kobeya Baking, a company manufacturing bread, cakes, frozen dough and delicatessen.
The Middleby Corporation announced the acquisition of Colussi Ermes, a manufacturer of automated washing solutions for the food processing industry.
The Katjes International GmbH & Co. KG Group is making further purchases in Italy, with the acquisition of Paluani S.p.A.
Hillenbrand announced it signed a binding offer to acquire LINXIS Group for an enterprise value of approximately EUR 572 million. The sale is expected to finalize before the end of 2022.
Puratos bought the French start-up Rapidle, a provider of personalized e-commerce solutions, following the acquisition of Bakeronline four years ago – a Belgian digital transformation start-up.
Mondelēz International announced an agreement to acquire Clif Bar & Company, a specialist in energy bars, for USD 2.9 bn. The transaction expands Mondelēz International’s global snack bar business to more than USD 1 billion.
The Hershey Company announced it intends to purchase Dot’s Pretzels. The total purchase price for these two proposed acquisitions is approximately USD1.2 billion, or approximately USD1 billion of investment net of expected future tax benefits.
LINXIS Group and its key financial partner IK Investment Partners announced the acquisition of Bakon from managers and current investor Rabo Investments.