This acquisition brings on board the largest Starbucks-licensed business partner in the market, encompassing approximately 113 stores and 1,650 employees Starbucks Coffee Company announced it has acquired 23.5 Degrees in the U.K., further expanding its portfolio of company-operated stores and enhancing the coffeehouse experience for customers. This acquisition brings on[Read More…]
Mergers & Acquisition
Pacific Seafood to acquire Trident Seafoods’ Kodiak operations
The two parties committed to a smooth transition for the benefit of all stakeholders Trident Seafoods and Pacific Seafood jointly announced that they have reached an agreement in principle for Pacific to acquire Trident’s Kodiak processing operations. The companies are currently completing the due diligence process and expect to finalise[Read More…]
Mondi to acquire Western Europe packaging assets of Schumacher Packaging
The Acquisition comprises seven corrugated converting plants, two solid board mills and four solid board converting plants Mondi plc, announced that it has agreed to acquire the German, Benelux and UK corrugated converting and solid board operations of Schumacher Packaging. This Acquisition will expand Mondi’s corrugated footprint in Western Europe[Read More…]
Lesaffre acquires Biorigin
This deal aims to leverage Lesaffre’s and Biorigin’s complementary capabilities to enable enhanced yeast derivative and savoury ingredient solutions for customers worldwide Lesaffre, an independent key global player in fermentation and microorganisms, announced the acquisition of a majority stake in Biorigin, a business unit of Zilor, a multinational company producing[Read More…]
Nissin Foods plans to acquire 100% equity in ABC Pastry in Australia
The announcement stated that the acquisition provides the group with a prime opportunity to enter the Australian frozen food market Nissin Foods announced the company (as the buyer) entered into a share purchase agreement with the sellers (Gaoyang Family and Min Investments). Under the share purchase agreement, the sellers conditionally[Read More…]
Evolution Capital Partners acquires Crandall Corporate Dietitians
This acquisition aligns with Evolution Capital Partners’ mission to enhance its portfolio companies’ capabilities and market reach Evolution Capital Partners announced the latest milestone in its growth strategy with the acquisition of Crandall Corporate Dietitians by its portfolio company, DiningRD. This strategic acquisition marks a significant expansion for DiningRD and[Read More…]
Mondelēz to acquire Evirth in China
Evirth, a leading manufacturer of cakes and pastries in China Mondelēz International announced that it has signed an agreement to acquire a significant majority stake in Evirth, a leading manufacturer of cakes and pastries in China, subject to customary closing conditions, including regulatory approval. The move represents an important step[Read More…]
SALIC acquires Ukraine’s poultry producer MHP
MHP announced that SALIC purchased 13.51 million of its global depository receipts (GDRs) in the market Saudi Agricultural and Livestock Investment Co. (SALIC), a wholly-owned subsidiary of the Public Investment Fund (PIF), has acquired a 12.6 per cent stake in Ukraine-based poultry producer MHP. MHP announced that SALIC purchased 13.51[Read More…]
Hero Group acquires Deliciously Ella
Deliciously Ella founders Ella Mills and Matthew Mills, who is CEO, will remain with the company as they lead the next stage of growth The Hero Group, which is on a mission to delight consumers by conserving the goodness of nature, announces the addition of an important member to its[Read More…]
Agroberries and BerryWorld Group merge operations
The combined company will annually market approximately 150,000 tonnes of blueberries, strawberries, raspberries, and blackberries Agroberries, a prominent producer, marketer, and distributor of berries, has announced the acquisition of BerryWorld Group Holdings Limited, the largest marketer of berries in Europe. This transaction is a significant milestone in the industry and[Read More…]
