Sabormex (La Costeña) Acquires Del Sol Food Company (BRIANNAS)

Del Sol Food Company Acquires John Wm. Macy's Bakery

June 7, 2023

Food & Beverage

Del Sol Food Company, maker of BRIANNAS Fine Salad Dressings, has acquired John Wm. Macy's Bakery, a New Jersey-based manufacturer of baked cheese sticks, cheese crisps, and crostinis. John Wm. Macy's will continue operations in Elmwood Park, New Jersey, and the acquisition is intended to create product and operational synergies between the two companies.

Solina Acquires Saratoga Food Specialties

October 4, 2022

Food & Beverage

Solina, a France-based producer of savoury ingredient solutions, has signed an agreement to acquire Saratoga Food Specialties to accelerate its North American expansion. The deal (subject to regulatory approval) will add Saratoga's liquid-sauce capabilities, three U.S. manufacturing sites and approximately 500 employees to Solina's North American footprint.

Edlong Corp. Acquires Brisan Group

October 31, 2024

Food & Beverage

Edlong Corp., a dairy and dairy-free flavor manufacturer, has acquired Brisan Group, a Chicago-based market research and product development consultancy focused on dairy and sweet flavors. Brisan's CEO Brian Vogt will join Edlong as vice president for business development for the company's U.S. and Canada units; terms were not disclosed and the deal is expected to close Nov. 4.

Astorg Enters Exclusive Negotiations to Acquire Solina from Ardian

May 4, 2021

Food & Beverage

Astorg has entered exclusive negotiations to acquire a majority stake in Solina, the France-headquartered manufacturer of ingredient and seasoning blends, from Ardian. Solina's management will reinvest alongside Astorg as the company looks to accelerate growth and expand further, notably into the United States; terms were not disclosed and the deal is subject to regulatory approvals and workers' council consultation.

Solina Acquires Food Compounds B.V.

October 6, 2021

Food & Beverage

French savoury-ingredients group Solina (majority-owned by PE firm Astorg) has completed the acquisition of Food Compounds B.V., a Netherlands-based specialist in powder-based premixes and coating systems for potato processors. The deal strengthens Solina's coating expertise and R&D capabilities as part of its ongoing expansion strategy; financial terms were not disclosed.

Paine Schwartz Partners, Driscoll's and BCI Consortium Acquires Costa Group

February 26, 2024

Agriculture

A North American-led consortium made up of Paine Schwartz Partners, Driscoll's Inc. and British Columbia Investment Management Corporation has acquired Australia’s Costa Group after shareholders accepted a A$3.20-per-share offer and the company was delisted from the ASX. The consortium said it will work with Costa’s team to grow the global berry business and further develop Costa’s capabilities across its fresh-produce portfolio.