Kraft Heinz Acquires Assan Foods from Kibar Holding

Assan Alüminyum Acquires Aluminum Foil Facility in West Virginia via Kibar Americas

April 1, 2026

Manufacturing

Assan Alüminyum (through its U.S. subsidiary Kibar Americas) acquired an aluminum foil production facility in West Virginia, expanding local aluminum foil manufacturing in North America. The acquisition is intended to strengthen Assan’s globalization strategy and improve the company’s ability to serve U.S. customers with products for automotive fin stock, HVAC fin stock, food-grade foil containers, and industrial foil applications.

The Kraft Heinz Company Acquires Majority Stake in Just Spices

April 26, 2023

Food & Beverage

The Kraft Heinz Company agreed to acquire an 85% stake in Germany-based Just Spices GmbH, with the remaining 15% retained by its three founders. The deal was designed to accelerate Kraft Heinz’s international “Taste Elevation” and strengthen its technology-enabled direct-to-consumer growth.

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.

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.

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.

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.