Creating a buzz throughout the global food industry, the H.J. Heinz Company and Kraft Foods Group, Inc. announced a merger deal Wednesday to create The Kraft Heinz Company financed in part by American business mogul Warren Buffet, becoming the third largest food and beverage company in North America.
Bizerba, a provider of weighing, slicing and labeling technologies for the food industry, has acquired the food sector of French company Luceo SAS to allow its customers to benefit from a high degree of safety and quality control provided by the transaction.
Global food and workplace safety leader Alchemy Systems announced it has acquired the Chilton Consulting Group, a firm specializing in helping food companies navigate complex food safety standards, improve regulatory readiness, and drive frontline employee performance.
According to Ball, the combined company will have pro forma 2014 revenue of approximately $15 billion and approximately 22,500 employees across five continents.
The Federal Trade Commission filed a complaint Thursday charging the proposed merger of Sysco and US Foods violates antitrust laws by significantly reducing competition nationwide.
Packaging solutions company the Ball Corporation and Rexam PLC announced Thursday the terms of an offer by Ball to acquire Rexam, a leading metal beverage can manufacturer, in a cash and stock transaction valued at $8.4 billion.
The JM Smucker company announced it will acquire Big Heart Pet Brands in a transaction valued at approximately $5.8 billion as a way of positioning the company for continued growth by capturing the segment of consumers who are pet owners.
Pennsylvania-based chocolate giant The Hershey Company announced plans to acquire KRAVE Pure Foods, Inc., a manufacturer of KRAVE jerky, in a transaction that will allow the company to break into the growing meat snacks category.