Skyline Advisors
  • Services
  • Team
  • Transactions
  • Industries
  • Reports
  • News
    • Capital Markets
    • Firm News
    • Resources
  • Contact
    • Newsletter

Partners for Strategic Transactions

PepsiCo and Tyson Foods Highlight Major Food Acquisitions Last Week

8/28/2018

 
​Last week, 107 M&A deals were announced or completed, representing $19.355 billion of invested capital, according to Pitchbook. Business-to-business companies were involved in 35 of those deals, the most of any sector, and energy firms spent the most on M&A last week at $4.792 billion. Some noteworthy transactions from the week are listed below:
Picture
  • US chicken processor Tyson Foods (NYS: TSN) is set to acquire Keystone Foods for $2.16 billion in cash. Keystone is the provider of the fish for McDonald’s Filet-O-Fish, along with 150 million pounds of beef and 300 million pounds of chicken annually. This is the second recent move by Tyson into the seafood sector. Earlier this year, the chicken giant purchased four rendering plants for processing chicken by-product into aquafeeds. 

  • PepsiCo (NAS: PEP) has agreed to acquire SodaStream (NAS: SODA), a do-it-yourself seltzer-maker company, for $3.2 billion. SodaStream is a producer of home-based water-carbonating and flavoring machines that allow consumers to create their own sodas and seltzers from their kitchen. The deal fits Pepsi’s shift towards healthier foods as sparkling water becomes a top choice for consumers, with sales growing 42% in the past five years, according to Beverage Marketing Corp.

  • Scottsdale, Arizona-based GPS- and GSNN-maker Hemisphere GNSS has agreed to buy Outback Guidance for an undisclosed sum. Outback Guidance is a developer of GPS systems for tractor guidance, field mapping, and precision spraying ground agricultural applications. The deal supports Hemisphere GNSS’s push into the global agricultural market.
​
  • Mattress start-up Tuft & Needle has agreed to merge with Serta Simmons, a major player in brick-and-mortar mattress retail. The six-year-old company Tuft & Needle retails by selling direct-to-consumer through its online website, garnering $170 million in net income last year. Serta Simmons will retain the Tuft & Needle brand name and use the start-up’s existing e-commerce infrastructure to build out its own online sales campaign.

Comments are closed.

    Archives

    May 2023
    May 2022
    January 2022
    November 2021
    August 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    December 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017

    Categories

    All
    Auto Sales
    Bankruptcies
    Capital Markets
    Confidence
    Corporate Profits
    Debt
    Economy
    GDP
    Holiday
    Housing
    Industrial Production
    Inflation
    Initial Public Offerings
    Interest Rates
    Inventories
    Jobs
    Manufacturing
    Mergers And Acquisitions
    Middle Market
    Prices
    Private Equity
    Productivity
    Retail Spending
    Rural Economy
    Small Business
    Stock Market
    Taxes
    Trade
    Venture Capital
    Wages

    RSS Feed

Picture
​Skyline Advisors is a division of Ideation Ventures, Inc. Services involving securities are offered through M&A Securities Group, Inc.4151 N Mulberry Drive Suite 252, Kansas City, MO, 64116  (“MAS") . Services involving real estate brokerage are offered through Berkshire Hathaway HomeServices Ambassador Real Estate ("BHHS"). Skyline, MAS, and BHHS are separate entities. 
​

COPYRIGHT 2020. ALL RIGHTS RESERVED.
Virtual Data Room
Company   Services   Team   Transactions   Industries   Reports   News
Photo used under Creative Commons from inkknife_2000 (8.5 million views +)
  • Services
  • Team
  • Transactions
  • Industries
  • Reports
  • News
    • Capital Markets
    • Firm News
    • Resources
  • Contact
    • Newsletter