Pernod Ricard will bring their strong experience in brand building and global distribution to help scale this first-of-its-kind product to several markets throughout the world Pernod Ricard announces the acquisition of a minority stake in Almave, a Super Premium non-alc blue agave-based spirit brand, co-founded by Seven-Time Formula One World Champion,[Read More…]
Mergers & Acquisition
Mars to acquire Kellanova
Kellanova shareholders to receive $83.50 per share in cash Mars, Incorporated, a family-owned, global leader in pet care, snacking and food, and Kellanova, a leading company in global snacking, international cereal and noodles, North American plant-based foods and frozen breakfast foods, announced that they have entered into a definitive agreement[Read More…]
DKSH extends life science business in Portugal by acquiring Euroingredientes
Euroingredientes represents a portfolio of around 30 suppliers and offers a great opportunity for DKSH to further expand its life science business in Europe Through the acquisition of Euroingredientes, DKSH Performance Materials secures a well-established business with more than 20 years of experience as a reliable supplier, offering a unique[Read More…]
PepsiCo South Africa to sell Marmite, Bovril and Savoury Food Ingredients business
The proposed acquisition demonstrates Lallemand’s ongoing commitment to the Southern African region Lallemand Inc (through its South African affiliate, Rymco Pty Ltd, trading as Anchor Yeast) has agreed to buy the Marmite and Bovril black spreads and Savoury Food Ingredients business unit from PepsiCo South Africa. The transaction is expected[Read More…]
ICL expands plant nutrition footprint in North America
The Second Growing Solutions acquisition this year adds local crop nutrition capabilities in US ICL, a leading global speciality minerals company, announced it has acquired Custom Ag Formulators (CAF), a North American provider of customised agriculture formulations and products for growers, for approximately $60 million. CAF offers a diverse assortment[Read More…]
Ferrero-related company to acquire Nonni’s Bakery
Nonni’s Bakery has leveraged its premium biscotti expertise rooted in its Italian heritage to become a leading biscotti company in the US A Ferrero-related company, CTH Invest SA, announced that it has agreed to acquire Nonni’s Bakery from Vestar Capital Partners, a leading U.S. middle-market private equity firm. Founded in[Read More…]
Podravka and Fortenova group sign agreement for acquisition of Belje, PIK Vinkovci and Vupik
The transaction is valued at 333 million euros and Podravka will finance this acquisition through loans from commercial banks Following the successful conclusion of negotiations, Podravka and Fortenova group signed a sale and purchase agreement for the purchase of Fortenova group’s agricultural segment, which includes Belje, PIK Vinkovci, Vupik, Energija[Read More…]
Pernod Ricard to sell international strategic wine brand to Australian Wine Holdco
Pernod Ricard will sell its wine division to a player of global scale, with a route to market solely dedicated to the wine industry Pernod Ricard (Paris: RI) announced the signing of an agreement to sell its international strategic wine brands to Australian Wine Holdco Limited (AWL), a consortium of[Read More…]
Jayson Woodbridge acquires Madrigal Winery facility
This acquisition marks the third significant expansion in the last four years for Fortunate Son Wines Jayson Woodbridge, founder and owner of Hundred Acre Wine Group, has acquired Napa Valley’s historic Madrigal Winery. The vineyard and winery will serve Fortunate Son Wines, the newest wine project from the critically acclaimed winemaker. This acquisition marks the third[Read More…]
Swiss dairy group Emmi to acquire Mademoiselle Desserts
This move will enhance Emmi’s dessert portfolio with French-inspired desserts that are widely available in bakery departments and the catering sector, creating a comprehensive range with high innovation potential The Emmi Group has entered into a put option agreement to acquire the leading French group Mademoiselle Desserts. Mademoiselle Desserts specialises[Read More…]
