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Mergers and acquisitions

  • May 27, 2012 - 8:41 AM

Mergers and acquisitions involving Minnesota companies that were announced in the past week.

Target Acquirer

Date location location Description

5/23 Farley's & Sathers Candy Co. Inc. Ferrara Pan Candy Co. Inc. Farley's & Sathers will merge with Ferrara Pan to Round Lake, Minn. Forest Park, Ill. create a $1 billion candy company.

5/24 Yoki Alimentos SA General Mills Inc. General Mills paid $861 million for a Brazilian snack food Sao Bernardo do Campo, Brazil Golden Valley company and will assume nearly $100 million of its debt.

5/24 Terminal Corredor Norte SA CHS Inc. Farmer-owned cooperative CHS purchased a 25 percent Sao Paulo, Brazil Inver Grove Heights stake in a recently formed Brazilian logistics company for $8.4 million.

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