Mergers and Acquisitions

Global apparel company Lolë Brands is expanding its portfolio, acquiring footwear brand Sanuk, which was previously owned by Deckers Brands.

Mars, Incorporated plans to acquire Kellanova for $35.9 billion, a significant purchase that would have lasting effects across the CPG space.

Snack manufacturer Utz Brands is continuing to expand its distribution network, progressing on its DSD goals by acquiring distribution rights in South Florida from National Food Corp.

Pernod Ricard is offloading a significant portion of its portfolio of international wine brands to help strengthen its premiumization strategy.

Customer data platform company BlueConic has acquired first-party data-capture technology provider Jebbit.

HanesBrands is offloading its global Champion brand, which is being acquired by Authentic Brands Group in a $1.2 billion deal.

The acquisition, said CEO Tim Cofer, will strengthen the company’s national DSD capabilities. Learn more.

Retail data platform provider Crisp has acquired SetSight and Lumidata, both of which work with retail agencies, brokers, and brands to provide sales and supply chain data to CPGs selling through major retailers.