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…]
Mergers & Acquisition
Singapore’s Olam Group to divest majority stake in Olam Agri to SALIC
This strategic divestment follows SALIC’s earlier acquisition of a 35.43 per cent stake in Olam Agri in December 2022, valued at $3.50 billion Singapore-based Olam Group Limited (OGL) has announced its decision to sell a controlling 80.01 per cent stake in Olam Agri Holdings to Saudi Agriculture & Livestock Investment[Read More…]
Bronco Wine acquires assets of Wine Hooligans
The acquisition includes Wine Hooligans’ Santa Rosa production facilities, which have been instrumental in the company’s winemaking operations Bronco Wine Co., a leading force in the U.S. wine industry announced the acquisition of key assets of Wine Hooligans at auction. Bronco Wine Co., which has been the majority shareholder in Wine Hooligans[Read More…]
Restaurant Brands International announces plan for Burger King in China
RBI acquires partners’ equity stakes and will identify a new local operating partnertransaction shows commitment to drive long-term growth in China Restaurant Brands International announced that a subsidiary of RBI has acquired from TFI Asia Holdings BV (TFI) and Pangaea Two Acquisition Holdings XXIII, Ltd (Cartesian) all their equity interests in[Read More…]
Solina acquires US-based Sokol Custom Food Ingredients
The acquisition will enhance Solina USA’s sweet sauce capabilities, increase capacity and scale, further strengthen its resilient supply chain, and drive growth Paris-based Solina, a leader in the global food industry specialising in savoury food solutions, has acquired U.S.-based Sokol Custom Food Ingredients (Sokol), further expanding its presence in North America.[Read More…]
Mérieux NutriSciences completes acquisition of Bureau Veritas
Through this phase of the acquisition, Mérieux NutriSciences establishes a strong presence in the Japanese, Moroccan and Southeast Asian markets, and enhances its capabilities in South Africa Mérieux NutriSciences, a global leader in food safety, quality, and sustainability, has announced the completion of its acquisition of Bureau Veritas’ food testing activities[Read More…]
JBS enters egg category with acquisition of 50% stake in Mantiqueira
The investment expands the Company’s global multi-protein platform JBS, one of the largest food companies in the world, announced its entry into a new protein segment. The company has acquired a 50 per cent stake in Mantiqueira Brasil, the largest egg producer in South America. This acquisition reinforces JBS’s global[Read More…]
TopGum expands to North America with acquisition of Island Abbey Nutritionals
The acquisition bolsters TopGum’s strategic focus to deepen its foothold in the US market TopGum Industries, a global leader in the development and manufacturing of gummy supplements, announces it has acquired Island Abbey Nutritionals, a leading CDMO specialising in supplement gummies and lozenges, located in Prince Edward Island, Canada. This[Read More…]
Carlsberg Group completes acquisition of Britvic plc
The combined business will be called Carlsberg Britvic The Carlsberg Group (Carlsberg) announced that its wholly owned subsidiary Carlsberg UK Holdings Limited has completed the acquisition of the leading international soft drinks business Britvic plc (Britvic) to create a single integrated beverage company in the UK. The combined business will[Read More…]
EDIBLE GARDEN to acquire NARAYAN GROUP to expand into Europe and North America
The Narayan Group is a prominent producer of organic coconut and superfood products Edible Garden AG Incorporated, a leader in controlled environment agriculture (CEA), known for its locally grown, organic, and sustainable produce and products, has announced the signing of a non-binding letter of intent (LOI) to acquire the outstanding[Read More…]
