Subway announces sale to Roark Capital

The transaction combines Subway’s global presence and brand strength with Roark’s deep expertise in restaurant and franchise businesses Subway announced that it has entered into a definitive agreement to be acquired by affiliates of Roark Capital. The transaction is a major milestone in Subway’s multi-year transformation journey, combining Subway’s global presence[Read More…]

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Kerry invests €30 M in Indonesian site to create authentic tastes for Southeast Asia

Company’s largest greenfield investment in Southeast Asia and largest capital investment in the region Ireland-headquartered Kerry, a world leading provider of taste and nutrition solutions, has officially opened a new state-of-the-art taste manufacturing facility in Karawang, West Java, Indonesia. This new €30 million 50,000m2 facility significantly expands Kerry’s taste offering in Southeast Asia (SEA) by delivering[Read More…]

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Japanese F&B giant Kirin Holdings buys Australian brand Blackmores for A$1.8 billion

Blackmores directors have unanimously recommended shareholders vote in favour of the scheme Japanese food and beverages (F&B) giant Kirin Holdings Company is acquiring Australian-listed healthcare company Blackmores at a cost of A$1.8 billion. Kirin and Blackmores have entered a Scheme Implementation Deed with Kirin offering A$95 per share for the[Read More…]

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Indian firm Reliance inks strategic partnership with Sri Lankan biscuit brand Maliban

Partnership to enable access to globally recognised product portfolio Reliance Consumer Products Limited (RCPL), the FMCG arm and a wholly owned subsidiary of Indian firm Reliance Retail Ventures Limited (RRVL), has announced a strategic partnership with Sri Lanka headquartered Maliban Biscuit Manufactories. Maliban, a heritage brand and household name in[Read More…]

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