Blue Yonder Acquires One Network Enterprises to Unlock an Agile, Interconnected Supply Chain 

Blue Yonder, the leader in digital supply chain transformations, today announced the closing of its acquisition of One Network Enterprises (One Network) at an enterprise value of approximately $839 million. The acquisition gives Blue Yonder customers the ability to collaborate and share data – from inventory levels to raw and finished goods materials movement – in real time across all trading partners up and down the supply chain.

With increasing volatility and continuous disruptions, retailers, manufacturers and logistics service providers (LSPs) need to achieve multi-enterprise... 

Knight-Swift Acquires DHE as Next Piece of National LTL Map

Knight-Swift Transportation announced Tuesday that it has acquired less-than-truckload carrierDependable Highway Express (DHE) for an undisclosed sum.

A wholly owned division of Los Angeles-based Dependable Supply Chain Services, DHE is a regional LTL operation with 14 service centers providing direct overnight service in California, Nevada and Arizona, according to its website. It provides LTL coverage in 40 states through partner agreements. DHE is now a non-union carrier after the Teamsters union didn’t fight a decertification...

Smithfield Foods Completes Purchase of Dry Sausage Facility from Cargill

Smithfield Foods has completed its purchase of a premier dry sausage production facility in Nashville, Tennessee, from Cargill. Terms of the agreement were not disclosed.

The transaction fuels Smithfield’s strategy of continued growth in the value-added packaged meats segment, adding dry sausage production capacity of 50 million pounds per year. Production from the Nashville facility will support Smithfield’s existing portfolio of dry sausage brands including Margherita, Carando and Armour.

“With the added capacity from this facility, Smithfield is poised to continue to expand our packaged meats business in the... 

Casey's Announces Agreement to Acquire 198 CEFCO Convenience Stores

Casey’s General Stores, Inc. , one of the leading convenience store chains in the United States, today announced an agreement to acquire Fikes Wholesale, Inc., owner of CEFCO Convenience Stores (“CEFCO”), in an all-cash transaction for $1.145 billion. The purchase price includes tax benefits valued at approximately $165 million for a net after-tax purchase price of $980 million.

Fikes Wholesale, Inc. and CEFCO Convenience Stores began as a single “filling station” in Cameron, Texas in 1952 and has grown to be a respected operator...

Darden Restaurants to Acquire Chuy's Holdings, Inc. in Approximately $605 Million Transaction

Darden Restaurants, Inc. and Chuy's Holdings, Inc., jointly announced today that they have entered into a definitive agreement pursuant to which Darden will acquire all of the outstanding shares of Chuy's for $37.50 per share, in an all-cash transaction with an enterprise value of approximately $605 million. Chuy's will complement Darden's portfolio of iconic brands, which currently includes Olive Garden, LongHorn Steakhouse, Yard House, Ruth's Chris Steak House, Cheddar's Scratch Kitchen, The Capital Grille, Seasons 52, Eddie V's and Bahama Breeze...

Home Market Foods Expands Production into Newly Acquired Plant in South Windsor, CT

Home Market Foods (HMF), a leading US food manufacturer, today announced the purchase of the former Carla's Pasta production plant in South Windsor, Connecticut. HMF will invest over $70 million to build out the site, transforming it into a state-of-the-art meat production facility. By year-end 2027, HMF estimates that the company will create 210 jobs to operate the South Windsor facility. This expansion comes as part of the company's strategic plan to expand its production capabilities, innovate...

Cal-Maine Foods, Inc. Announces Acquisition of Egg Production Assets of ISE America, Inc.

Cal-Maine Foods, Inc. today announced the Company has completed the acquisition of substantially all the assets of ISE America, Inc. and certain affiliates (“ISE”) for approximately $110 million. Cal-Maine Foods is funding the acquisition with available cash on hand. The acquired ISE assets include commercial shell egg production and processing facilities with current capacity of approximately 4.7 million laying hens, including 1.0 million cage-free, and 1.2 million pullets, feed mills, approximately 4,000 acres of land, inventories and an egg products breaking facility...

Smithfield Foods Enters Agreement to Buy Nashville Sausage Facility from Cargill 

On Thursday, Smithfield Foods announced it entered into a definitive agreement to buy a dry sausage facility from Cargill in Nashville, Tennessee. 

The latest acquisition will expand Smithfield’s growing footprint in the value-added packaged meats segment. The transaction is expected to close by the end of next month. Terms of the agreement were not disclosed. 

“This transaction is a testament to our continued focus on growing our packaged meats business by staying ahead of and delivering on our customers’ preferences. Dry sausage is one of our fastest-growing...

Transaction Represents 88th Acquisition for Leading Distributor of Foodservice Packaging

Transaction Represents 88th Acquisition for Leading Distributor of Foodservice Packaging and Janitorial Sanitation Products

Imperial Dade, a leading North American distributor of foodservice packaging supplies, industrial products, and janitorial supplies, today announced the acquisition of Regional Distributors, Inc. (the “Company”). The transaction represents the 88th acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively. Financial terms of the private transaction were not disclosed.

David and Tracy Scalen founded Regional Distributors in 1994 and operate with ‘Service Beyond Expectations’ and are...

Dollar Tree, Inc. Completes Transaction for 170 ‘99 Cents Only Stores’

Dollar Tree, Inc. today announced that it acquired designation rights for 170 leases of 99 Cents Only Stores across Arizona, California, Nevada, and Texas. The deal was completed via two transactions in May that were approved by the United States Bankruptcy Court for the District of Delaware. As part of the transactions, Dollar Tree also acquired the North American Intellectual Property of 99 Cents Only Stores and select on-site furniture, fixtures, and equipment.

In April, California-based 99 Cents Only Stores filed for Chapter 11 

Clemens Food Group Acquires Kunzler & Company

Clemens Food Group of Hatfeild, Pennsylvania reported an acquisition of Lancaster based, Kunzler & Company, Inc.

Both Clemens and Kunzler have built success in the pork industry spanning over 120 years respectively, are family owned, and share core values which empasizes in family, team development and ethical business practices.

Clemens, the 5th largest pork processor in the US, will add to its portfolio three more processing plants, one in Lancaster and two in Tyrone. These locations help benefit the company's strategy to expand its support for Pennsylvania's agriculture and food processing industry...

Ventura Foods to Acquire DYMA Brands

Ventura Foods, a food manufacturing and innovation company specializing in custom and branded products for restaurants and retailers, has reached an agreement to acquire DYMA Brands.

Headquartered in Atlanta, Georgia, DYMA Brands is a leader in liquid portion control and bulk condiments, seasonings, and dry blend mixes for the foodservice industry. It has more than 500 employees and operates manufacturing facilities in Bremen, Georgia; Duluth, Georgia; Bondurant, Iowa; and Visalia, California.

All DYMA Brands employees and manufacturing locations will be acquired as part of the transaction. The DYMA Brands company will...

Delight Restaurant Group Acquires 65 Wendy's Restaurants From Primary Aim, LLC

Delight Restaurant Group announced today the acquisition of 65 Wendy's® restaurants across Pennsylvania, Ohio, and West Virginia from Primary Aim, LLC. This acquisition makes Delight Restaurant Group one of the largest franchisees within the Wendy's System.

Delight Restaurant Group is a high performing and growth-oriented restaurant franchise organization founded by Managing Partners Andrew and Richard Krumholz in 2016. With this acquisition, Delight Restaurant Group will own and operate 226 restaurants, generating $500 million in sales, and employing 7,000 people in eight states. Delight Restaurant Group plans...

Sheer Logistics Acquires CargoBarn

Sheer Logistics, a premier provider of 4PL/Managed Transportation Services, value-based logistics, freight brokerage, TMS technology and Integration Platform as a Service (IPaaS) solutions purpose-built for mid-market companies, today announced the acquisition of CargoBarn, a tech-enabled third-party logistics provider (3PL) based in Atlanta, GA. CargoBarn provides full Truckload freight brokerage, expedited, drayage, and other specialized services. The acquisition will enhance Sheer's existing 3PL and freight brokerage offerings through the addition of CargoBarn's diverse and complementary customer portfolio, extensive carrier network, highly experienced sales and operations teams, and geographic footprint...