Natra Acquires Gudrun to Build Global Premium Belgian Chocolate Platform

CapVest Acquires Natra from Investindustrial

July 18, 2022

Food & Beverage

Funds managed by CapVest Partners LLP have signed an agreement to acquire Natra, a European producer and distributor of chocolate and cocoa products, from Investindustrial. The deal gives CapVest a platform in the chocolate category to accelerate international growth, support innovation and pursue strategic acquisitions.

Exponent Acquires Gü from Noble Foods

May 17, 2021

Food & Beverage

Exponent has agreed to acquire premium chilled dessert brand Gü from Noble Foods for an undisclosed sum. Exponent plans to invest in capacity and international growth — building on Gü's leading UK position and expanding its presence in France, Germany and the US.

Mars Acquires Trü Frü

December 19, 2022

Food & Beverage

Mars, Incorporated has signed an agreement to acquire Trü Frü, a better-for-you whole-fruit snacking brand, from its founders and management team. Trü Frü, headquartered in West Valley City, Utah with approximately 50 employees, will operate as a separate business within Mars to preserve its brand and will be led by current CEO Brian Neville; the transaction is expected to close in Q1 2023.

Nestlé Brasil Acquires CRM Group (Owner of Kopenhagen and Brasil Cacau)

September 6, 2023

Food & Beverage

Nestlé Brasil has entered into an agreement to acquire the entire stake held by FIP Dutch (quotaholders: funds managed by Advent International) in the CRM Group, owner of the Kopenhagen, Brasil Cacau and Kop Koffee brands. The deal — subject to CADE approval — will expand Nestlé's presence into premium chocolate retail and store-based consumer experiences; the transaction is expected to close in 2024 and financial terms were not disclosed.

Bettera Brands (Highlander Partners) Acquires Nutravail

September 14, 2020

Food & Beverage

Bettera Brands, a portfolio company of Highlander Partners, acquired substantially all of the assets of Nutravail, a Chantilly, Virginia-based developer and manufacturer of soft chew nutraceuticals. The acquisition expands Bettera's confectionary delivery capabilities (gummies, lozenges and chewables) and is intended to accelerate cross-selling, product development and manufacturing capacity for wellness brands.

Givaudan Acquires Ungerer & Company

February 20, 2020

Food & Beverage

Givaudan has completed the acquisition of Ungerer & Company, a US-based flavour, fragrance and specialty ingredients business headquartered in New Jersey. The purchase (terms undisclosed) adds Ungerer's approximately USD 250 million in proforma sales and ~650 employees, strengthening Givaudan’s vertical integration in specialty ingredients and its local/regional presence in North America.