Lakeside Foods will purchase the Smith Frozen Foods assets including its Weston, Oregon, production facility and Garrett Packing/Brittany Farms operations in Milton-Freewater, Oregon.
Sabra and Obela are currently 50/50 joint ventures that had been formed between PepsiCo and Strauss Group to manufacture, distribute, and sell refrigerated dips and spreads.
Kingswood Capital Management, LP has acquired Branding Iron Holdings, an industry-leading provider of branded and private label protein products, including beef and pork, with a core focus on frozen and refrigerated ground meats.
Average number of deals by quarter in the first half of the year was down nearly 40%.
November 12, 2024
While M&A activity in the sector has slowed considerably in 2024, recent moves reflect two key themes that will likely continue when the pace of dealmaking picks up.
As the largest free-range egg brand, based on Nielsen, Happy Egg is now better positioned to deliver on consumers' increasing demand for high-quality, humane eggs.