Biz Money. Buyers Chow Down on Food Companies

Authors

Lori Valigra

Source

Mainebiz

Date

6-26-2017

Pages

11

Abstract

Three Maine food companies were bought by larger companies in June 2017. Backyard Farms of Madison was purchased by Mastronardi Produce Ltd. of Canada, Food Fork Lab of Portland was purchased by Foodworks of Brooklyn N.Y., and the national chain Whole Foods Market Inc. was purchased by Amazon. The advantages these acquisition bring to the purchasing companies is presented. [images]

Subjects

Consolidation and merger of corporations

Language

English

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