Annie’s may be natural and organic — but it won’t be independent much longer. The specialty food maker announced an agreement today to be sold to giant General Mills for $820 million. The deal consists of $46 per share in cash for Annie’s shareholders, a 37% premium over the stock’s closing price of $33.51 on Monday. Annie’s has […]
Paine Schwartz Buys Promix
Paine Schwartz Acquires Promix, a High-Growth, Better-for-You Nutrition and Supplements Business NEW YORK, NY – November 26, 2024 – Paine Schwartz Partners, a global leader in sustainable food chain investing, today announced that Paine Schwartz Food Chain Fund VI has successfully acquired Promix LLC (“Promix” or the “Company”), a high-growth brand of high-quality protein mixes, nutritional […]
A Better Approach to Mergers and Acquisitions
Twenty years ago, consultants at Bain & Company published a book that explored a dispiriting reality: Although companies spent billions of dollars a year pursuing deals, 70% of mergers and acquisitions wound up as failures. But today those odds have inverted. According to new research by Bain, over the past 20 years firms have done more […]
Packaging giants Amcor and Berry to combine as merger landscape shows signs of heating up
Berry Global Group Inc.’s stock was up 2% Tuesday after the packaging company agreed to be acquired by Amcor PLC for about $8.4 billion in stock, in a sign that an expected surge in big mergers is underway. Amcor, AMCR4.61%, is essentially confirming recent forecasts by Wall Street bankers that major tie-ups to achieve scale […]
Strategic Growth Approaches: The Pros And Cons Of Acquisitions
While organic growth has long been considered the traditional path to expansion, growing a business through acquisitions has become increasingly popular. There are advantages to this approach and challenges, so it’s vital for business leaders to determine whether or not this route makes sense for their organizations. The Pros Of Acquisitions Expansion Acquiring an established […]
Smart Energ Company
GridBeyond, a smart energy company, successfully closed a €52M Series C funding round to support its global expansion. The company is focused on expanding its presence in the U.S. and other markets with high renewable energy penetration. The funds will enhance their AI-driven platform, helping optimize energy assets like renewables and storage systems, aligning with […]