This strategic move enables Clasado to focus exclusively on its core B2B prebiotic ingredients business Clasado Biosciences (Clasado), a global leader in the development of scientifically proven prebiotic ingredients and product solutions for the gut microbiome, has announced that its Bimuno consumer supplement range has been acquired by ELEAT, a challenger[Read More…]
Mergers & Acquisition
Azelis acquires Solchem Nature S.L
The acquisition aligns with Azelis’s strategy as it focuses on a targeted business that supports growing its market share in Spain Azelis, the reference innovation service provider in the speciality chemicals and food ingredients industry, announced that it has acquired 100 per cent of the shares of Solchem Nature S.L. (Solchem),[Read More…]
Castillo Hermanos to acquire Harvest Hill Beverage Company
Centerview Capital invests as a strategic partner, helping build U.S. beverage business Castillo Hermanos, a diversified multinational business group, announced it has entered into a definitive agreement with Brynwood Partners to acquire Harvest Hill Beverage Company, a leading beverage products player in the United States, with brands such as SunnyD, Juicy[Read More…]
Prinova acquires Brazilian distributor Aplinova
The acquisition of Aplinova follows the takeover of Brazilian citrus oil processor Flavor Tec in 2023 Prinova has continued its global expansion with the acquisition of Brazilian ingredients distributor Aplinova Based in São Paulo, Aplinova is a leading provider of specialty ingredients for various market segments, including food, beverage, supplements[Read More…]
Fresh Del Monte acquires majority stake in Avolio
The acquisition of Avolio allows Fresh Del Monte to convert avocados into premium avocado oil Fresh Del Monte Produce, one of the world’s leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, today announces its acquisition of Avolio, Uganda’s leading supplier of bulk crude[Read More…]
Bunge to sell European margarines and spreads business to Vandemoortele
With this agreement, Vandemoortele expects to acquire Bunge’s margarines and spreads business in Germany, Finland, Poland and Hungary, along with its spreads and margarine manufacturing sites Bunge has announced an agreement to sell its European margarines and spreads business to Vandemoortele, a leading family-owned food group in Europe with a[Read More…]
Woodland Gourmet acquires Sevillo Fine Foods
This strategic move aims to enhance Woodland Gourmet’s product portfolio and value-added capabilities, further solidifying its position in the food service, retail, and industrial markets Woodland Gourmet, a leading provider of custom culinary solutions, announced the acquisition of Sevillo Fine Foods, a creator of chef-inspired, ready-to-eat frozen ingredients. This strategic[Read More…]
Unilever to sell The Vegetarian Butcher to Vivera
This divergence makes a sale of the brand the best option for both Unilever and The Vegetarian Butcher Unilever has announced that it has received a binding offer from Vivera to acquire The Vegetarian Butcher. The brand was bought by Unilever in 2018 by founder Jaap Korteweg and has since[Read More…]
Saputo Dairy Australia sales King Island Dairy business
SDA remained hopeful of finding an alternative solution, given the substantial impact on employees and the broader community Saputo Dairy Australia (SDA) announced it has entered into a binding agreement to sell its King Island Dairy business. As part of the agreement, impacted employees will receive an offer to transfer[Read More…]
Nestlé acquires 40% stake in China’s confectionery manufacturer Xu Fuji
Nestlé formed a partnership with Xu Fuji in 2011, acquiring 60 per cent of Xu Fuji’s shares and providing technical and market support for the Xu Fuji brand series Nestlé China announced that it has reached an agreement with the Xu family to acquire the remaining 40 per cent stake[Read More…]
