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.
With a combined value of $16 billion, packaging giants Rock-Tenn Company and MeadWestvaco Corporation (MWV) announced they have entered into an agreement to merge, creating a global provider of consumer and corrugated packaging solutions.
Bumble Bee Seafoods, North America’s largest branded shelf-stable seafood company, announced it has been acquired by Thai Union Frozen Products Public Company Limited (TUF) for $1.51 billion.
Keurig Green Mountain, Inc., an innovator in coffee brewing technology, announced it will acquire the remaining shares of rival beverage system Bevyz for approximately $220 million.
Burger King Worldwide Inc. and Tim Hortons Inc. announced the proposed transaction to form a new global quick service restaurant company operating two independent brands, was approved by the Minister of Industry under the Investment Canada Act.
The Hershey Company announced it completed the purchase of The Allan Candy Company, a Canadian manufacturer of confectionary products including the brands Allan, Big Foot, Hot Lips and Laces.
Canadian private equity firm Onex Corporation announced Monday it will acquire SIG Combibloc Group AG—the world’s second largest provider of aseptic carton packaging—for $4.66 billion.