Top 10 Consumer Staple Transactions (February 2026)

Top 10 Consumer Staple Transactions (February 2026)

Top 10 Consumer Staple Transactions (February 2026)
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For deal sourcers, staying current on private company activity is critical to spotting active buyers, tracking market trends, and uncovering emerging investment opportunities ahead of competitors.

In February alone, we added more than 1,700 new private company transactions, bringing the total to over 19,000 searchable deals across sectors, industries, and transaction types in Dakota Marketplace.

Inside Dakota Marketplace, you’ll find the transactions tab that provides structured, filterable data on deal types, values, and dates, while our editorial team curates daily updates through the dakota transactions newsletter, helping you cut through the noise and focus on what matters most.

To ensure the most comprehensive coverage of private market activity, Dakota monitors over 10,000 websites including company websites, newswires, and numerous third-party news providers to capture and verify transaction data as it happens.

Below are the top 10 consumer staple transactions.

1. SunOpta Inc - Strategic Acquisition

  • Transaction Date: 2/6/2026
  • Industry: Food Products
  • Type: Acquisition/Merger
  • Transaction Value: $829M
  • Participants: Refresco, SunOpta Inc, KKR, Lazard, Faegre Drinker, Davies Ward Phillips & Vineberg, Scotiabank, Wildeboer Dellelce LLP, Morgan Stanley, Simpson Thacher & Bartlett LLP, Bennett Jones LLP

Refresco agreed to acquire SunOpta for $6.50 per share in cash in a deal unanimously approved by both boards, strengthening Refresco's position in the fast-growing plant-based beverages category and expanding its North American presence. The transaction, expected to close in Q2 2026 subject to SunOpta shareholder and regulatory approvals, will take SunOpta private as a wholly owned subsidiary of Refresco.

2. Four Roses Distillery LLC - Strategic Acquisition

  • Transaction Date: 2/6/2026
  • Industry: Beverages
  • Type: Acquisition/Merger
  • Transaction Value: $775M
  • Participants: Gallo, Kirin Holdings Company

Gallo agreed to acquire Four Roses Distillery from Japan's Kirin for up to $775 million, adding the iconic Kentucky bourbon brand and its Lawrenceburg production operations to Gallo's portfolio of wines, spirits, and ready-to-drink products. The deal, expected to close in Q2 2026, marks a strategic move by Gallo to deepen its spirits presence while Kirin reallocates resources toward other business priorities.

3. Dairy Division (Argentina) - Asset Purchase

  • Transaction Date: 2/12/2026
  • Industry: Food Products
  • Type: Acquisition/Merger
  • Transaction Value: $630M
  • Participants: Saputo Inc., Gloria Foods

Saputo agreed to sell an 80% interest in its Argentina Dairy Division to Gloria Foods, the dairy holding company of Grupo Gloria, at an enterprise value of approximately $855 million, with Saputo retaining a 20% stake and expecting net after-tax proceeds of approximately $543 million. The divested business — which generated roughly $1.2 billion in revenue over the last four quarters and includes two manufacturing facilities and local brands La Paulina, Ricrem, and Molfino — is expected to close in the first quarter of fiscal 2027, with proceeds directed toward share repurchases and reinvestment in higher-growth platforms.

4. Apex Healthcare Berhad - Take-Private / Public-to-Private

  • Transaction Date: 2/24/2026
  • Industry: Consumer Staples Distribution & Retail
  • Type: Buyout/Private Equity
  • Transaction Value: $470M
  • Participants: Quadria Capital, Apex Healthcare Berhad, 65 Equity Partners, Employees Provident Fund Malaysia, Silk Road Fund

A consortium led by Quadria Capital, alongside co-investors 65 Equity Partners, Employees Provident Fund, and Silk Road Fund, completed the take-private acquisition of Malaysia's Apex Healthcare Berhad at MYR 2.64 per share, valuing the company at approximately MYR 1.9 billion ($470 million). The transaction marks the largest healthcare take-private in Malaysia's history and the largest pharmaceutical transaction in Southeast Asia in the past five years, with the consortium planning to accelerate Apex's regional expansion and operational development under private ownership.

5. Nasta Petfood - Direct Lending

  • Transaction Date: 2/18/2026
  • Industry: Food Products
  • Type: Credit
  • Transaction Value: $141.76M
  • Participants: H.I.G. Capital

H.I.G. WhiteHorse arranged a €120 million financing package for Nasta Petfood to support its acquisition of FirstMate Pet Foods, a premium pet food manufacturer based in British Columbia, Canada. The deal creates an integrated platform across Europe and North America with combined annual production capacity of approximately 45,000 tons of dry pet food, targeting approximately €200 million in consolidated revenues in 2026.

6. North America Snacks Business - Asset Purchase

  • Transaction Date: 2/2/2026
  • Industry: Food Products
  • Type: Acquisition/Merger
  • Transaction Value: $115M
  • Participants: The Hain Celestial Group Inc, Snackruptors Inc., Goldman Sachs & Co. LLC, Cravath, Swaine & Moore LLP

Hain Celestial completed the sale of its North American Snacks business — including Garden Veggie Snacks, Terra chips, and Garden of Eatin' — to Canadian family-owned Snackruptors Inc., with proceeds earmarked for debt reduction. The divestiture allows Hain to sharpen its focus on higher-margin core categories including yogurt, tea, and baby & kids foods under brands such as Celestial Seasonings, The Greek Gods, and Earth's Best Organic.

7. Oziva - Strategic Acquisition

  • Transaction Date: 2/13/2026
  • Industry: Personal Care Products
  • Type: Acquisition/Merger
  • Transaction Value: $90.9M
  • Participants: Hindustan Unilever Limited

Hindustan Unilever completed the acquisition of the remaining 49% stake in OZiva, a plant-based nutrition D2C brand, for Rs 824 crore (~$97 million), making it a wholly owned subsidiary and implying a total valuation of approximately Rs 1,682 crore — more than triple the ~Rs 518 crore valuation at HUL's initial 51% acquisition in 2022. The deal follows OZiva's strong operational momentum, with revenue jumping 148% to Rs 258 crore in FY25 while losses declined 90%.

8. Good Culture - Minority

  • Transaction Date: 2/3/2026
  • Industry: Food Products
  • Type: Growth Equity
  • Transaction Value: $55M
  • Participants: SEMCAP

SEMCAP Food & Nutrition made a $55 million investment in Good Culture, a clean-label cultured dairy brand, joining existing majority investor L Catterton to support the company's next phase of growth, innovation, and North American distribution expansion. The investment builds on SEMCAP's initial partnership with Good Culture in 2021, when the firm backed the brand's effort to reinvent the cottage cheese category with high-protein, simple-ingredient products.

9. The Whole Truth - Series D

  • Transaction Date: 2/4/2026
  • Industry: Food Products
  • Type: Growth Equity
  • Transaction Value: $51M
  • Participants: Sofina SA, Sauce.VC, Peak XV Partners, Rainmatter, Ayra Ventures

Clean-label health food brand The Whole Truth raised $51 million in a Series D round led by Sofina and Sauce.vc, with participation from Peak XV Partners, Rainmatter Health, and Ayra Ventures, in a mix of primary and secondary capital. The proceeds will fund in-house manufacturing expansion, working capital, and internal systems as the company — which grew revenue 232% to Rs 216 crore in FY25 — begins laying the groundwork for an eventual IPO.

10. Still Austin Whiskey Company - Series D

  • Transaction Date: 2/15/2026
  • Industry: Beverages
  • Type: Growth Equity
  • Transaction Value: $51M
  • Participants: Peak6 Investments LP

The company raised $51 million of Series D venture funding from PEAK6 Strategic Capital and other undisclosed investors on February 10, 2026, putting the company’s pre-money valuation at $131 million. The company is an operator of a craft whiskey distillery.

Transactions in Dakota Marketplace

At Dakota, we understand how important it is to stay current on deal activity as it happens. That’s why our editorial team continuously monitors the news for real-time updates on platform investments, add-ons, divestitures, and more to deliver daily highlights straight to your inbox through our transactions newsletter.

Inside Dakota Marketplace, the transactions tab provides structured, filterable data with deal dates, types, sectors, and financials, allowing you to build a customized feed that aligns with your focus areas.

Whether you're evaluating a new investment opportunity or tracking trends within a target sector, Dakota Marketplace helps you cut through the noise and focus on what matters most.

For more information on these transactions and a deeper dive into their industries and sub-industries, book a demo of Dakota Marketplace.

Cate Costin, Marketing Associate

Written By: Cate Costin, Marketing Associate