Müller plans to significantly invest in the capacity and capabilities of the Skelmersdale milk-drying site Müller has reached an agreement to acquire Yew Tree Dairy. Yew Tree Dairy, which is based in Skelmersdale, West Lancashire, is a family-owned dairy company producing fresh milk and cream. Following significant investment in recent[Read More…]
Mergers & Acquisition
Nissin Foods acquires Korean Gaemi Food
The Korean confectionery brand, Kemy, will be added to the Group’s portfolio, further enriching its non-noodle business Nissin Foods Company Limited has announced that the Group, as the purchaser, and the Vendor have entered into a Share Purchase Agreement. This agreement pertains to the acquisition of 100 per cent equity[Read More…]
Valeo Foods Group acquires Italian bakery Dal Colle
Dal Colle provides a highly complementary addition to Valeo’s expanding Italian platform and operations Valeo Foods Group, one of Europe’s leading producers of quality sweets, treats and snacks, has completed the process of acquiring assets of a renowned Italian producer of high-quality bakery products, Dal Colle. With a history and[Read More…]
Italy’s Newlat Food to acquire Britain’s Princes Group
Princes’ head office is based in the UK (Liverpool) supported by a presence across continental Europe, managed by The Netherlands International food and drink group Princes announces that Italian-based Newlat Food S.p.A (Newlat) intends to acquire the entire Princes Group (Group) from Mitsubishi Corporation, encompassing all current operations and brands[Read More…]
Burger King acquires Carrols Restaurant Group
The Company will invest a further $500M to accelerate the reimaging of more than 600 Carrols restaurants before franchising the majority of the acquired portfolio to new or existing smaller franchise operators over the next seven years Restaurant Brands International (RBI) announced that it has completed its previously announced acquisition of all[Read More…]
Uber Eats to acquire foodpanda delivery business in Taiwan
The companies have also agreed for Uber to purchase $300 million in newly issued ordinary shares of Delivery Hero Uber Technologies, Inc and Delivery Hero SE have reached an agreement for Uber to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $950 million in cash. The acquisition of foodpanda[Read More…]
Japan’s Nissui acquires Musashino Foods
The company has been expanding its business by focusing on frozen-sliced sushi products Nissui Co., Ltd., a company based in Minato-ku, Tokyo, has announced that it has acquired Musashino Foods Co., Ltd. The latter, which specialises in producing processed seafood products for raw consumption, will serve as Nissui Group’s production[Read More…]
Lankan firm to get control of Lipton tea estates in Kenya, Rwanda, and Tanzania
The two companies will raise tea quality globally and accelerate the application of responsible farming methods across the industry to drive sustainable growth LIPTON Teas and Infusions announced it has agreed terms of a partnership which will result in the transfer of its tea estates in Kenya, Rwanda, and Tanzania[Read More…]
Bellwether Coffee partners with Kijeong International to expand Korea
An innovator in electric coffee roasting addresses growing demand for onsite roasting with lower cost System that reduces the carbon footprint Bellwether Coffee, the technology company transforming retailers into sustainable on-site roasters, is announcing its partnership with Kijeong International to bring to South Korea the first-ever compact, ventless commercial roaster for less than the[Read More…]
Ardagh Glass Packaging-Europe buys Swedish glass recycler SGA
This purchase also ensures that glass collected in Sweden is retained within the country for use in glass packaging production and is not exported for processing outside Sweden for other industry applications Ardagh Glass Packaging-Europe (AGP-Europe), an operating business of Ardagh Group, announces that it has agreed to buy the world-leading[Read More…]
