CANADA: TreeHouse to acquire broth maker Protenergy Natural Foods
TreeHouse Foods has struck a deal to acquire Protenergy Natural Foods from private-equity firms Whitecastle Investments and Whitecap Venture Partners for C$170m (US$150m).
Growth-hungry US manufacturers turn to M&A
US: Hillshire to buy breakfast group Van’s Natural Foods
US food maker Hillshire Brands has struck a deal to buy waffle and pancake manufacturer Van's Natural Foods from private-equity firm Catterton Partners for US$165m
Comment: General Mills could find it hard to brew growth with Keurig NPD
Food manufacturers seem to be willing to take more risks on NPD, which is encouraging after seeing years of caution and a focus on nostalgia or new packaging formats. However, for those operating in struggling categories, innovation may not solve the dilemma of how to reignite growth.
US: Acquisitive Post Holdings swoops for Michael Foods
Acquisition-hungry US food group Post Holdings has today (17 April) announced its biggest takeover - an agreement to buy egg-to-dairy supplier Michael Foods for US$2.45bn.
Editor’s viewpoint: Searching for special K
Kellogg continues to see its cereal sales come under pressure and is set to launch a marketing push that puts its namesake brand front and centre. But will that be enough to revitalise that part of its business?
