Sargento Foods Acquires La Terra Fina (Deal Completed)

Sargento Foods to Acquire La Terra Fina

August 2, 2026

Food & Beverage

Sargento Foods has signed a definitive agreement to acquire La Terra Fina, a producer of premium refrigerated dips, spreads, quiches, and salads. The deal is expected to close in late September and will expand Sargento’s presence into deli departments of grocery and club retailers nationwide.

Corfini Meat & Seafood Acquires Calvada Food Sales

July 4, 2025

Food & Beverage

Corfini Meat & Seafood acquired Calvada Food Sales, a Sacramento-based, second-generation family business, to expand regional distribution of premium “nose-to-tail” meats and seafood. Calvada will continue operating under its established brand while leveraging Corfini’s operational infrastructure and expanded product offering across Northern California and Nevada.

PepsiCo Completes Acquisition of Siete Foods (Garza Food Ventures LLC) for $1.2 Billion

January 17, 2025

Food & Beverage

PepsiCo has closed its acquisition of Garza Food Ventures LLC, doing business as Siete Foods, for $1.2 billion. The deal expands PepsiCo’s convenient foods portfolio with Siete’s heritage-inspired, better-for-you Mexican-American brands and products.

Catalina Finer Foods Acquires Saugatuck Kitchens

November 9, 2023

Food & Beverage

Catalina Finer Foods, an MGP portfolio company, completed the acquisition of Saugatuck Kitchens on November 9, 2023. The deal expands Catalina's frozen hors d'oeuvres and prepared-food portfolio and broadens its customer reach across foodservice and retail grocery channels.

AgroFresh Acquires Tessara

September 19, 2023

Manufacturing

AgroFresh Solutions Inc., a Paine Schwartz portfolio company, has completed the acquisition of Tessara, a Cape Town–based provider of SO2-generating intelligent packaging for fresh produce. The add-on expands AgroFresh's post-harvest freshness and food-waste reduction capabilities—notably into table grapes and berries—and strengthens its presence across key fruit-growing regions including South Africa, China, Australia and South America.

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.