Articles Tagged with ''mergers and acquisitions''

Seattle-based Amazon and Whole Foods Market Inc., Austin, Texas, announced that they have entered into a definitive merger agreement under which Amazon will acquire Whole Foods Market for $42 a share in an all-cash transaction valued at approximately $13.7 billion, including Whole Foods Market’s net debt.

Heineken N.V., Amsterdam, announced that it has acquired the remaining shares in Lagunitas Brewing Co., Petaluma, Calif. To maintain the Lagunitas culture and free spirit, the company will continue to operate as an independent entity within Heineken and will report within the Heineken Americas Region, the company says.

Xi’an, China-based SkyPeople Fruit Juice Inc. announced that the Board of Directors approved Future World Trading (Hong Kong) Ltd.’s, a wholly owned subsidiary of SkyPeople, acquisition of Shaanxi Quangoutong E-commerce Inc., an eCommerce company and wholly owned subsidiary of SkyPeople International Holdings Group Ltd., which is the major shareholder of SkyPeople Fruit Juice Inc. The relevant agreement was signed March 16.

Portland, Ore.-based Eastside Distilling Inc., a producer of hand-crafted spirits, announced the acquisition of MotherLode Craft Distillery, also based in Portland, Ore., and a provider of bottling services and production support to craft distilleries. Since its founding in 2014 by Allen Barteld, the mission of MotherLode has been to enable craft distillers to increase their production and extend their product lines, reducing cost and increasing efficiency, thereby freeing them to focus on their craft, the company says. The typical MotherLode customer is a distillery of small batch, hand-crafted spirits, or a premium craft spirit sold as a private label, it adds.

Chicago-based Information Resources Inc. (IRI) published insights that revealed short- and long-term growth opportunities for consumer packaged goods (CPG) companies by identifying and capitalizing on dynamic consumer trends, particularly those that can command a premium in a particular niche, it says.