Mergers & Acquisition

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…]

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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…]

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SEDCO Holding and Bugshan Investment complete sale of Arabian Farms to Al Ain Farms Group

The company was also the UAE’s first and only producer of pasteurised eggs, and the first mover in the nutrition-enriched table egg category in Saudi Arabia SEDCO Holding, a leading Saudi investor, and Bugshan Investment, the investment arm of the Bugshan family office, announced the completion of the sale of[Read More…]

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PepsiCo completes acquisition of poppi

This acquisition marks a significant step in PepsiCo’s ongoing transformation of its portfolio PepsiCo announced that it has closed the acquisition of poppi for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes a performance-based earnout contingent on achieving certain performance[Read More…]

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