The investment was planned as early as 2022 and has since grown 1.5 times AB Kauno Grūdai, a subsidiary of AB Akola Group, has increased its investment in the breadcrumb factory, which it plans to build in Kėdainiai. The company, which has one breadcrumb coatings factory in the Kaunas region,[Read More…]
Finance
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…]
Ricola to take over Hero production plant
Europe and Asia are also strong markets for Ricola, with Asia in particular achieving double-digit growth rates With the acquisition of the Hero production plant in Lenzburg, Ricola is expanding its production base in Switzerland further. Ricola is growing dynamically and has, for example, become the USA market leader in[Read More…]
ŌURA expands metabolic health expertise with acquisition of Veri
A significant portion of Veri’s team, including its three founders, will join ŌURA as employees ŌURA, the maker of Oura Ring, the smart ring that delivers personalised health data, insights, and daily guidance, announced that it’s agreed to acquire Veri, a Finnish personalised metabolic health company and Oura partner that guides users to[Read More…]
One Rock Capital Partners plans acquisition of Europe Snacks
Europe Snacks provides stacked chips, snacks, crisps and crackers to major food retailers throughout Europe One Rock Capital Partners, LLC announced that an affiliate has entered into an exclusive agreement relating to the planned acquisition of Europe Snacks, a leading private-label manufacturer of savoury snacks for the European market. Europe Snacks[Read More…]
Bühler acquires Germany’s Esau & Hueber
This strategic acquisition is set to fill technological gaps and strengthen Bühler’s position as an industry innovator Swiss technology group Bühler announced the acquisition of Esau & Hueber, a German company specialising in individual solutions in hygienic process and fermentation technology in the beverage, food, pharmaceutical, and biotechnology sectors. The[Read More…]