This partnership marks a pivotal moment for Lupa Foods, enhancing its ability to deliver greater value to customers through expanded product offerings Lupa Foods announced its acquisition by Geia Food, a leading Nordic food group with a combined annual turnover of £370 million. This partnership marks a pivotal moment for[Read More…]
Finance
Flowers Foods to acquire Simple Mills
Flowers has a strong track record of fostering growth in its acquired companies while stewarding and protecting their brand promise Flowers Foods announced that it has entered into a definitive agreement to acquire Simple Mills for $795 million in cash. The addition of Simple Mills expands Flowers’ exposure to better-for-you and attractive[Read More…]
Treasury Wine Estates announces acquisition of winery and vineyard in China
It is a significant milestone in TWE’s efforts to enhance its presence in China and drive further connection and engagement with local consumers Treasury Wine Estates (TWE) announced it has agreed to acquire a 75 per cent equity interest in Ningxia Stone & Moon Winery Co. Ltd (Stone & Moon)[Read More…]
Wholesale Sugar Flowers acquires cake packaging brand OLBAA
This strategic acquisition will expand Wholesale Sugar Flowers’ product offerings, providing customers with a comprehensive suite of premium cake-decorating essentials Wholesale Sugar Flowers, a leading provider of high-quality sugar flowers, toppings, and decorating supplies, announced the acquisition of OLBAA, a renowned brand specialising in exquisite cake packaging solutions. This strategic acquisition[Read More…]
Westfalia Fruit acquires Belgian company Syros
This acquisition strengthens Westfalia’s value-added business in Europe Westfalia Fruit, a global leader in the avocado industry, has completed the acquisition of Syros, a Belgian-based manufacturer of avocado products serving the European food and service industry as well as retail sectors. For over 30 years, Syros has been producing high-quality[Read More…]
TreeHouse Foods completes acquisition of Harris Tea
TreeHouse Foods funded the acquisition of Harris Tea primarily with cash on hand and expects the acquisition to be accretive to revenue and profitability in 2025 TreeHouse Foods announced that it has completed its acquisition of Harris Tea for approximately $205 million. “The acquisition of Harris Tea is a good use of our balance sheet strength, bringing[Read More…]
Japan’s NH Foods to acquire US-based LJD Holdings
The acquisition supports NH Foods’ medium-term management plan, focused on global expansion, particularly in North America and ASEAN regions NH Foods Ltd.’s U.S. subsidiary, Day-Lee Foods, has announced plans to acquire LJD Holdings Group, which includes LJD Holdings Inc., Mountain View Packaging LLC, and Tamarack Foods LLC. Day-Lee Foods, recognised[Read More…]
BGL sales Indo~European Foods company to Ziyad Brothers
This deal marks BGL’s fourth transaction this year within the broader speciality foods sector Brown Gibbons Lang & Company (BGL) announced the sale of Indo~European Foods (IEF), a value-added distributor of ethnic, speciality food products and a portfolio company of Corridor Capital, to Ziyad Brothers (Ziyad), a provider of Middle Eastern and[Read More…]
Japan’s TOPPAN acquires Sonoco food packaging business
This acquisition is highly complementary, combining the robust sales network, customer base, and solution development capabilities of Sonoco’s TFP business Japan’s TOPPAN Holdings has agreed with Sonoco Products Company (Sonoco), a global leader in high-value sustainable packaging, to acquire Sonoco’s Thermoformed & Flexible Packaging (TFP) business for approximately $1.8 billion[Read More…]
Dutch dairy FrieslandCampina and Milcobel announce merger
The merger of FrieslandCampina and Milcobel will create one international, future-oriented organisation that can seize opportunities and address challenges more effectively in the global dairy market FrieslandCampina and Milcobel have announced their intention to merge. This joining of forces creates a leading dairy cooperative and dairy company. The merger provides[Read More…]
