The proposed acquisition demonstrates Lallemand’s ongoing commitment to the Southern African region Lallemand Inc (through its South African affiliate, Rymco Pty Ltd, trading as Anchor Yeast) has agreed to buy the Marmite and Bovril black spreads and Savoury Food Ingredients business unit from PepsiCo South Africa. The transaction is expected[Read More…]
Mergers & Acquisition
ICL expands plant nutrition footprint in North America
The Second Growing Solutions acquisition this year adds local crop nutrition capabilities in US ICL, a leading global speciality minerals company, announced it has acquired Custom Ag Formulators (CAF), a North American provider of customised agriculture formulations and products for growers, for approximately $60 million. CAF offers a diverse assortment[Read More…]
Ferrero-related company to acquire Nonni’s Bakery
Nonni’s Bakery has leveraged its premium biscotti expertise rooted in its Italian heritage to become a leading biscotti company in the US A Ferrero-related company, CTH Invest SA, announced that it has agreed to acquire Nonni’s Bakery from Vestar Capital Partners, a leading U.S. middle-market private equity firm. Founded in[Read More…]
Podravka and Fortenova group sign agreement for acquisition of Belje, PIK Vinkovci and Vupik
The transaction is valued at 333 million euros and Podravka will finance this acquisition through loans from commercial banks Following the successful conclusion of negotiations, Podravka and Fortenova group signed a sale and purchase agreement for the purchase of Fortenova group’s agricultural segment, which includes Belje, PIK Vinkovci, Vupik, Energija[Read More…]
Pernod Ricard to sell international strategic wine brand to Australian Wine Holdco
Pernod Ricard will sell its wine division to a player of global scale, with a route to market solely dedicated to the wine industry Pernod Ricard (Paris: RI) announced the signing of an agreement to sell its international strategic wine brands to Australian Wine Holdco Limited (AWL), a consortium of[Read More…]
Jayson Woodbridge acquires Madrigal Winery facility
This acquisition marks the third significant expansion in the last four years for Fortunate Son Wines Jayson Woodbridge, founder and owner of Hundred Acre Wine Group, has acquired Napa Valley’s historic Madrigal Winery. The vineyard and winery will serve Fortunate Son Wines, the newest wine project from the critically acclaimed winemaker. This acquisition marks the third[Read More…]
Swiss dairy group Emmi to acquire Mademoiselle Desserts
This move will enhance Emmi’s dessert portfolio with French-inspired desserts that are widely available in bakery departments and the catering sector, creating a comprehensive range with high innovation potential The Emmi Group has entered into a put option agreement to acquire the leading French group Mademoiselle Desserts. Mademoiselle Desserts specialises[Read More…]
RBI acquires Popeyes China plans to accelerate growth
RBI has agreed to acquire the Popeyes China business from Tims China on a cash-free debt-free basis based on an enterprise value of $15M Restaurant Brands International Inc. announced two transactions in China, the acquisition of Popeyes China, and the co-investment with Cartesian Capital into the business of TH International Limited. The[Read More…]
Spanish Idilia Foods acquires 50% shares of Cacaolat
The operation will allow joint management of reference brands such as Cacaolat, Laccao, ColaCao Energy, ColaCao Shake and Okey, consolidating the solid position of both companies in the dairy shake market Idilia Foods and Damm have announced an agreement to acquire 50 per cent of Cacaolat Idilia Foods. This move[Read More…]
Japan’s Kirin Holdings to acquire FANCL Corporation
Aim to become one of the largest health science companies in Asia-Pacific Japan-based Kirin Holdings Company Limited (Kirin Holdings) has decided to acquire additional shares of common stock of FANCL Corporation (FANCL) through a tender offer and share warrants under the Financial Instruments and Exchange Act to make FANCL a[Read More…]
