Food & Beverage M&A » By The Online Investor Staff, updated Thu., Aug. 6, 3:19 PM
Recent mergers and acquisitions in the Food & Beverage M&A category.
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Slide #44. Brynwood Partners VI L.P. — Lightlife Brand from ConAgra Foods
Acquirer:
Brynwood Partners VI L.P.
Acquiree:
Lightlife Brand from ConAgra Foods (NYSE:CAG)
Details:
Brynwood Partners VI L.P. announced today that its newly-formed portfolio company, Lightlife Foods, Inc., has acquired Lightlife, one of ConAgra Foods' smaller brands with product lines that include vegetarian-based burgers, hotdogs and other meatless frozen and refrigerated items. The acquisition includes the Lightlife manufacturing operation in Turners Falls, MA. Terms and conditions of the transaction, which closed today, were not disclosed.
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Avg. Broker Rec.
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Buy (3.00 out of 4) 41st percentile
(ranked lower than approx. 59% of all stocks covered)
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