Mergers and Acquisitions

PepsiCo is expanding its healthier snack portfolio by becoming the sole owner of dip and spread companies Sabra Dipping Company and Obela.

General Mills will purchase Whitebridge Pet Brands’ North American premium cat feeding and pet treat business from European private equity firm NXMH in a $1.45 billion deal.

The Hershey Company has acquired candy brand Sour Strips as it diversifies its offerings in the confection category.

Keurig Dr Pepper is expanding its beverage portfolio by acquiring Ghost, a sports nutrition business that offers liquid refreshments and supplements but is most known for its ready-to-drink energy brand. Get details about the deal.

Tupperware has reached a tentative agreement to sell its business a few weeks after filing for bankruptcy.

Siete was founded in 2014 and includes products such as tortillas, salsas, seasonings, sauces, cookies, and snacks. Get more details about the acquisition.

Diageo North America is expanding its portfolio of non-alcoholic spirits with the purchase of Ritual.

General Mills is selling off its North America yogurt business. Lactalis has acquired the U.S. business and Sodiaal the Canadian segment. Get more details.