Kraft Heinz Acquires Assan Foods from Kibar Holding

Kraft Heinz Acquires Majority Stake in Hemmer

April 1, 2022

Food & Beverage

The Kraft Heinz Company completed the acquisition of a majority stake in Companhia Hemmer Indústria e Comércio, a 107-year-old Brazilian food company based in Blumenau, Santa Catarina. The deal—approved without restriction by Brazil's antitrust body CADE—expands Kraft Heinz's Taste Elevation platform and accelerates its growth and distribution in the Brazilian retail and foodservice channels.

The Kraft Heinz Company Acquires 85% Stake in Just Spices GmbH

April 26, 2023

Food & Beverage

The Kraft Heinz Company has completed the acquisition of an 85% stake in Germany-based Just Spices GmbH, with the three founders retaining the remaining 15% and continuing to run the business. Kraft Heinz intends to use Just Spices' direct-to-consumer capabilities, product portfolio and analytics to accelerate international growth and expand its Taste Elevation platform, including launching the brand in the U.S. market.

Solina Acquires Asenzya Inc.

November 9, 2021

Food & Beverage

Solina, a European savoury ingredients leader backed by private equity firm Astorg, has completed the acquisition of Asenzya Inc., a custom dry seasoning and flavour solutions provider headquartered in Oak Creek, Wisconsin. The deal gives Solina its first direct presence in the United States and expands its North American capabilities and customer reach; Asenzya has about 145 employees and annual sales of roughly $50 million.

Solina Acquires Zafron Foods

June 7, 2022

Food & Beverage

Solina has acquired Zafron Foods from the Kenny family, integrating the London-based sauces and condiments manufacturer into its sauce platform. The deal adds Zafron’s two UK manufacturing sites, recognized brands (Kenny's, Zafron, Kromberg), and a 65-employee operation with ~£23m in sales to Solina’s global portfolio to accelerate capability and product offering in custom sauces and liquid solutions.

Kyyba Inc. Acquires Asen (LG Associates, Inc.)

March 24, 2021

Staffing & HR

Farmington Hills, Michigan-headquartered Kyyba Inc. has acquired Chicago-area-based Asen (LG Associates, Inc.), a strategic staffing and professional services firm headquartered in Schaumburg, Illinois. The acquisition adds more than 80 employees to Kyyba's ~800-employee global footprint, expands Kyyba's offerings into additional industries (including healthcare and government), and will keep Asen president Lana Gertz in place to manage the transition; CEO ally acted as exclusive buy-side advisor.

The Gellert Global Group Acquires Heartisan Foods from Ronin Equity Partners and Landon Capital Partners

April 14, 2025

Food & Beverage

The Gellert Global Group has acquired Barron, Wisconsin‑headquartered Heartisan Foods, a manufacturer and distributor of branded and private‑label specialty and flavored cheeses, from Ronin Equity Partners and Landon Capital Partners. The acquisition consolidates Heartisan's Red Apple, Barron County Cheese and other assets with Gellert’s Atalanta platform to expand the buyer’s presence in the U.S. specialty cheese market.