This acquisition is highly complementary, combining the robust sales network, customer base, and solution development capabilities of Sonoco’s TFP business Japan’s TOPPAN Holdings has agreed with Sonoco Products Company (Sonoco), a global leader in high-value sustainable packaging, to acquire Sonoco’s Thermoformed & Flexible Packaging (TFP) business for approximately $1.8 billion[Read More…]
Mergers & Acquisition
Dutch dairy FrieslandCampina and Milcobel announce merger
The merger of FrieslandCampina and Milcobel will create one international, future-oriented organisation that can seize opportunities and address challenges more effectively in the global dairy market FrieslandCampina and Milcobel have announced their intention to merge. This joining of forces creates a leading dairy cooperative and dairy company. The merger provides[Read More…]
AB Akola Group acquires Latvian company SIA Elagro
SIA Elagro Trade is a grain, seeds, plant protection products, and fertilisers business operating in Latvia SIA Linas Agro, an indirectly controlled company of AB Akola Group, has acquired 100 per cent of the shares of SIA Elagro Trade, a Latvian company, from Agrolats Holding AS and three natural persons. The[Read More…]
SHS Drinks expands portfolio with acquisition of Shandy Shack
This new partnership promises to step-change Shandy Shack’s already strong current growth, helping it to better reach the 40 per cent of adults seeking to moderate their alcohol consumption with balanced, enjoyable options SHS Drinks announced the acquisition of Shandy Shack, a pioneering brand in the mid-strength ABV beer space.[Read More…]
TreeHouse Foods acquires Harris Tea
The acquisition includes Harris Tea’s manufacturing facilities in Moorestown, NJ and Marietta, GA TreeHouse Foods announced that it has signed a definitive agreement to acquire certain subsidiaries that operate the private brand tea business of Harris Freeman & Co, Inc., a leading private brand tea manufacturer in the U.S., for[Read More…]
Carlsberg completes acquisition of remaining shares in Carlsberg South Asia
The total purchase price for the acquired shareholdings in CSAPL and GBPL amounts to $ 744 million, of which approximately $ 50 million will be settled through a set-off Carlsberg has completed its acquisition of the remaining 33.33 per cent shareholding in Carlsberg South Asia Pte Ltd (CSAPL) from CSAPL[Read More…]
Paine Schwartz acquires Promix nutrition and supplements brand
This strategic acquisition of Promix aligns with Paine Schwartz’s Health and Wellness core investment theme Paine Schwartz Partners, a global leader in sustainable food chain investing, announced that Paine Schwartz Food Chain Fund VI has successfully acquired Promix LLC, a high-growth brand of high-quality protein mixes, nutritional supplements, vitamins, and[Read More…]
Valante Capital, through Ascend Fund II, acquires stake in American Foods
IDC Network’s Private Equity vertical establishes a strategic partnership with a leading US consumer goods distributor, expanding its reach to over 25 countries Valante Capital, the Private Equity arm of IDC Network—a multi-platform asset manager with $2.2 billion in assets under management announced the acquisition of a significant stake in American Foods,[Read More…]
BRF acquires processed foods plant in China
The new production unit is scheduled to begin operations under BRF management in the first quarter of 2025 BRF, one of the largest food companies in the world and owner of Sadia, Perdigão and Qualy brands, announces the acquisition of a modern processed foods plant in Henan province, China. The[Read More…]
PepsiCo to acquire full ownership of Sabra and Obela
Enables PepsiCo to accelerate innovation in refrigerated fresh dips and spreads to meet growing consumer demand PepsiCo announced its agreement to acquire the remaining 50 per cent interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela) and become the sole owner of these companies, which[Read More…]
