Mergers & Acquisitions

Novozyme acquires Microbiome Labs

Danish company is acquiring maker of proprietary probiotic and microbiome solutions for roughly $125 million in cash
Save A Lot sells 51 stores to Fresh Encounter

The sale is part of Save A Lot’s efforts to sell off more than 300 corporate-operated stores to new and existing retail partners who will operate them under the Save A Lot banner
Ingredient manufacturer extends reach in spices category

Olam Americas acquires CPB, the chile pepper business of Mizkan Americas, a popular private label, foodservice producer of New Mexico green chiles
Data company Numerator expands its consumer panel reach

Numerator has acquired Information Machine, a software company specializing in consumer purchasing behavior
Pretzel supplier ups production with second plant

Pretzels Inc.’s new facility will open in 2021 in Kansas, expanding its production capacity of store brand pretzels and snacks
Blacksmith Applications acquires Tabs Analytics

Blacksmith said the acquisition would help establish it as a premier provider of revenue-management solutions for its roster of more than 350 CPG clients
Nicole Kidman named Seralabs brand ambassador

Actress Nicole Kidman is SeraLabs' first strategic business partner and global brand ambassador for the company’s topical products, which also does private label production
Casey’s in-store sales drive Q2 performance

Prepared foods were down but grocery and other merchandise increased by $58 million

Modern Meat brings plant-based foods to U.S. through Real Vision Foods