Lactalis and Fonterra both currently acquire raw milk from dairy farmers in Victoria and Tasmania, and process and supply a range of dairy products across Australia The ACCC will not oppose Lactalis BSA S.A.S. (Lactalis)’s proposed acquisition of Fonterra Co-Operative Group (Fonterra)’s consumer, dairy ingredients and food service businesses. Lactalis[Read More…]
Finance
Fazer invests EUR 400 million in new chocolate factory in Finland
The new factory combines Fazer’s long-standing chocolate expertise with new production capabilities Fazer starts the renewal of its chocolate production and invests approximately EUR 400 million in the construction of a new chocolate factory in Lahti, Finland. The construction work will begin this summer, and the factory is scheduled to[Read More…]
Westfalia Fruit acquires Dutch Greenpoint Trading B.V.
The acquisition strengthens Westfalia Fruit’s position in the rapidly growing European foodservice sector Westfalia Fruit, a global leader in the avocado industry, has completed the acquisition of Greenpoint Trading B.V., a Dutch foodservice company specialising in avocados and owner of the well-established Avojoy brand. Greenpoint serves a wide range of[Read More…]
Lallemand Bio-Ingredients acquires enzyme specialist Solyve
The company has developed a range of high-performance enzymes primarily for winemaking, juice & vegetable processing, and plant-based foods Lallemand Bio-Ingredients announced the acquisition of Solyve, a subsidiary of the InVivo group. Solyve is a leading producer of classical enzymes through solid-state fermentation at its modern facility in Normandy, France.[Read More…]
Diageo completes sale of shareholding in Guinness Ghana Breweries
Diageo has retained ownership of the Guinness brand and other Diageo brands currently produced by Guinness Ghana Diageo announces the completion of the sale of its 80.4 per cent shareholding in Guinness Ghana Breweries plc to Castel Group. The sale was initially announced on 28th January 2025. Diageo has retained ownership[Read More…]
ADB to support agrifood systems transformation in Lao PDR
The project will improve climate resilience, food security, nutrition, and incomes of vulnerable households and communities The Asian Development Bank (ADB) has approved a $65.8 million financing package for the Sustainable Agrifood Systems Sector Project. The project will improve climate resilience, food security, nutrition, and incomes of vulnerable households and communities.[Read More…]
Blue Sky Hemp Ventures sells Hemp Food Division to Fresh Hemp Foods
The company is also on track to complete EU-GMP certification, unlocking new global opportunities for bulk extracts and finished products Blue Sky Hemp Ventures Ltd. (Blue Sky), a privately held Canadian company founded in 2017 and a pioneer in industrial hemp whole plant utilisation, has sold its hemp-based food division to Fresh[Read More…]
Danone completes acquisition of Kate Farms
In line with its Renew strategy, Danone’s newly enhanced medical nutrition business will boost availability and improve access to specialised nutrition Danone announced that it has completed the acquisition of a majority stake in Kate Farms, a fast-growing U.S. business and the #1 doctor-recommended plant-based brand in the U.S., offering[Read More…]
Danone acquires The Akkermansia Company
Danone further invests in gut health and next-generation probiotic research Danone announced the acquisition of The Akkermansia Company (TAC), a Belgian company with nearly 20 years of history and science, specialising in biotics. In 2004, using state-of-the-art technology, scientists at TAC discovered and developed a biotic strain, Akkermansia muciniphila MucT. They clinically demonstrated[Read More…]
Arla Foods and DMK Group set to merge
The intended merger is now subject to regulatory approval Arla Foods and DMK Group announced that the cooperatives’ decision-making bodies have voted in favour of a planned merger. This marks a significant milestone in bringing together two companies with shared values and highly complementary strengths, setting the stage for a[Read More…]
