23 Acquisitions in the Food and Beverage industry

Company acquisitions in the Food and Beverage industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 23 acquisitions that took place in the Food and Beverage industry.

Acenzia acquired by Novo Healthnet

Details about the transaction:

Acquisition amount: $14,884,039

Announcement: 3 June 2021

Details about the company:

Acenzia is a company that creates and manufactures cutting-edge natural health products.

Headquarter:

Where to find them: Website

Industry: Consumer Goods, Drones, Fitness, Food and Beverage, Health Care, Manufacturing

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

AMG/PARADE acquired by The Arena Group

Details about the transaction:

Acquisition amount: $16,000,000

Announcement: 18 January 2022

Details about the company:

AMG/PARADE is a publishing house that specializes in producing articles on cuisine, families, sports, and entertainment.

Headquarter:

Where to find them: Website

Industry: Digital Entertainment, Fitness, Food and Beverage, Sports

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Boost Drinks acquired by A.G Barr

Details about the transaction:

Acquisition amount: $39,016,825

Announcement: 5 December 2022

Details about the company:

Numerous functional beverages in the energy and sports categories are offered by Boost Drinks.

Headquarter:

Where to find them: Website

Industry: Commercial, Food and Beverage, Food Processing

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Brighter Foods acquired by THG

Details about the transaction:

Acquisition amount: $59,507,005

Announcement: 22 April 2021

Details about the company:

Snack bars are produced by Brighter Foods for partners with own-label brands.

Headquarter:

Where to find them: Website

Industry: Food and Beverage, Manufacturing

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Chilango acquired by Tortilla Mexican Grill

Details about the transaction:

Acquisition amount: $3,455,911

Announcement: 23 May 2022

Details about the company:

A website where you may get Mexican food is called Chilango.

Headquarter:

Where to find them: Website

Industry: Food and Beverage, Organic Food, Restaurants

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Fredericks Dairies acquired by R&R Ice Cream

Details about the transaction:

Acquisition amount: $75,098,893

Announcement: 10 April 2013

Details about the company:

In the UK, Fredericks Dairies is the top independent ice cream producer.

Headquarter:

Where to find them: Website

Industry: Food and Beverage, Manufacturing, Marketing

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Heilongjiang Haihe Beverage acquired by Taihe Water

Details about the transaction:

Acquisition amount: $9,766,203

Announcement: 3 August 2022

Details about the company:

The goal of Heilongjiang Haihe Beverage is to produce and market natural soda water.

Headquarter:

Where to find them: Website

Industry: Catering, Food and Beverage, Sales

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Monty’s Bakehouse acquired by SATS Ltd

Details about the transaction:

Acquisition amount: $34,084,903

Announcement: 2 March 2020

Details about the company:

One of the companies that provides the travel sector with high-quality, portable treats is Monty's Bakehouse.

Headquarter:

Where to find them: Website

Industry: Food and Beverage, Food Processing

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

MOMA Foods acquired by A.G Barr

Details about the transaction:

Acquisition amount: $4,509,421

Announcement: 6 December 2021

Details about the company:

The best oat-based goods, including oatmeal and oat drinks, are available from MOMA Foods.

Headquarter:

Where to find them: Website

Industry: Food and Beverage, Food Processing

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Plus Products acquired by Glass House Brands

Details about the transaction:

Acquisition amount: $25,600,000

Announcement: 20 December 2021

Details about the company:

Gummies containing dosed CBD and no THC are produced by Plus Products and delivered to clients' doors.

Headquarter:

Where to find them: Website

Industry: Cannabis, Consumer Goods, Food and Beverage, Manufacturing, Product Search

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Shahiya acquired by Cookpad Japan

Details about the transaction:

Acquisition amount: $13,500,000

Announcement: 20 November 2014

Details about the company:

Shahiya is a list-based website that offers cooking instructions and the essential ingredients.

Headquarter:

Where to find them: Website

Industry: Advertising, Cooking, E-Commerce, Food and Beverage, Internet, News

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

SOL Cuisine acquired by PlantPlus Foods

Details about the transaction:

Acquisition amount: $99,592,071

Announcement: 12 November 2021

Details about the company:

SOL Cuisine is a service provider for vegetarian eateries in Toronto.

Headquarter:

Where to find them: Website

Industry: Food and Beverage, Food Delivery, Organic Food

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

St. Louis Bar and Grill acquired by Aegis Brands

Details about the transaction:

Acquisition amount: $50,000,000

Announcement: 29 September 2022

Details about the company:

The online food and beverage retailer St. Louis Bar & Grill specializes on wings, ribs, and beer.

Headquarter:

Where to find them: Website

Industry: E-Commerce, Food and Beverage, Food Delivery

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Stomping Ground Brewing acquired by Good Drinks Australia

Details about the transaction:

Acquisition amount: $7,000,000

Announcement: 23 August 2022

Details about the company:

Food and drinks are available from Stomping Ground Brewing.

Headquarter:

Where to find them: Website

Industry: Food and Beverage, Wine And Spirits

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Sunnyvalley Smoked Meats acquired by Swift Prepared Foods

Details about the transaction:

Acquisition amount: $90,000,000

Announcement: 15 October 2021

Details about the company:

In Manteca, California, Sunnyvalley Smoked Meats processes local bacon, ham, and smoked turkey and hog parts.

Headquarter:

Where to find them: Website

Industry: Food and Beverage, Food Processing, Organic Food

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Svami acquired by Stranger & Sons

Details about the transaction:

Acquisition amount: $12,518,142

Announcement: 22 August 2022

Details about the company:

Three seasoned drinkers who wanted to share their passion for libations with the wider world of beverages came up with Svami.

Headquarter:

Where to find them: Website

Industry: Food and Beverage

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

The Chefz acquired by Jahez International Company

Details about the transaction:

Acquisition amount: $86,629,682

Announcement: 20 May 2022

Details about the company:

The Chefz is a platform for the delivery of upscale foods and treats.

Headquarter:

Where to find them: Website

Industry: Food and Beverage

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

The Nourish Group acquired by Good Spirits Hospi

Details about the transaction:

Acquisition amount: $19,156,710

Announcement: 15 November 2021

Details about the company:

The Nourish Group has developed for hospitality businesses that support the national economy and culture.

Headquarter:

Where to find them: Website

Industry: Food and Beverage, Food Processing, Hospitality

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

The Sicilian Butcher acquired by Savory Fund

Details about the transaction:

Acquisition amount: $30,000,000

Announcement: 12 October 2022

Details about the company:

Several restaurant chains are run by The Sicilian Butcher.

Headquarter:

Where to find them: Website

Industry: Food and Beverage, Restaurants

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

This Saves Lives acquired by Upworthy

Details about the transaction:

Acquisition amount: $5,000,000

Announcement: 10 November 2022

Details about the company:

Delicious, non-GMO, and gluten-free snack bars are produced by This Saves Lives.

Headquarter:

Where to find them: Website

Industry: Food and Beverage

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Xiangyu Biotechnology acquired by Hubei Forbon Technology

Details about the transaction:

Acquisition amount: $13,742,736

Announcement: 13 December 2021

Details about the company:

A technological enterprise called Xiangyu Biotechnology creates and manufactures colorants.

Headquarter:

Where to find them: Website

Industry: Biotechnology, Chemical, Chemical Engineering, Food and Beverage, Pharmaceutical

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

YCook acquired by DeHaat

Details about the transaction:

Acquisition amount: $3,100,000

Announcement: 18 April 2022

Details about the company:

A food technology business called YCook focuses on minimally processed fruits, vegetables, and lentils.

Headquarter:

Where to find them: Website

Industry: Agriculture, Food and Beverage, Food Processing, Organic Food

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Yuppiechef acquired by MR Price Group

Details about the transaction:

Acquisition amount: $31,619,271

Announcement: 15 March 2021

Details about the company:

An internet retailer called Yuppiechef sells a variety of products, including food, drinks, spices, cookware, and appliances.

Headquarter:

Where to find them: Website

Industry: E-Commerce, Food and Beverage, Online Portals

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.

Recommended for you

Get a free valuation with Flippa
Get a free valuation with Flippa

Discover more from Flippa

Subscribe to our Blog

Get the latest blog posts, insight reports and news directly to your inbox every week.