ACCC Approves Lactalis' acquisition of Fonterra Businesses

Lactalis and Fonterra both currently acquire raw milk from dairy farmers in Victoria and Tasmania, and process and supply a range of dairy products across Australia The ACCC will not oppose Lactalis BSA S.A.S. (Lactalis)’s proposed acquisition of Fonterra Co-Operative Group (Fonterra)’s cons...

Westfalia Fruit acquires Dutch Greenpoint Trading B.V.

The acquisition strengthens Westfalia Fruit's position in the rapidly growing European foodservice sector Westfalia Fruit, a global leader in the avocado industry, has completed the acquisition of Greenpoint Trading B.V., a Dutch foodservice company specialising in avocados and owner of the well...

Lallemand Bio-Ingredients acquires enzyme specialist Solyve

The company has developed a range of high-performance enzymes primarily for winemaking, juice & vegetable processing, and plant-based foods Lallemand Bio-Ingredients announced the acquisition of Solyve, a subsidiary of the InVivo group. Solyve is a leading producer of classical enzymes th...

Diageo completes sale of shareholding in Guinness Ghana Breweries

Diageo has retained ownership of the Guinness brand and other Diageo brands currently produced by Guinness Ghana Diageo announces the completion of the sale of its 80.4 per cent shareholding in Guinness Ghana Breweries plc to Castel Group. The sale was initially announced on 28th January 20...

Blue Sky Hemp Ventures sells Hemp Food Division to Fresh Hemp Foods

The company is also on track to complete EU-GMP certification, unlocking new global opportunities for bulk extracts and finished products Blue Sky Hemp Ventures Ltd. (Blue Sky), a privately held Canadian company founded in 2017 and a pioneer in industrial hemp whole plant utilisation, has sold ...

Danone completes acquisition of Kate Farms

In line with its Renew strategy, Danone’s newly enhanced medical nutrition business will boost availability and improve access to specialised nutrition Danone announced that it has completed the acquisition of a majority stake in Kate Farms, a fast-growing U.S. business and the #1 doctor-recom...

Danone acquires The Akkermansia Company

Danone further invests in gut health and next-generation probiotic research Danone announced the acquisition of The Akkermansia Company (TAC), a Belgian company with nearly 20 years of history and science, specialising in biotics. In 2004, using state-of-the-art technology, scientists at TAC ...

Arla Foods and DMK Group set to merge

The intended merger is now subject to regulatory approval Arla Foods and DMK Group announced that the cooperatives’ decision-making bodies have voted in favour of a planned merger. This marks a significant milestone in bringing together two companies with shared values and highly complementary...

Saudi Arabia’s Almarai to acquire Pure Beverages Industry

Pure Beverages, a prominent bottled water producer in Saudi Arabia Saudi dairy giant Almarai has signed an agreement to acquire 100 per cent of Pure Beverages Industry Co. for SR1.04 billion ($277 million). Pure Beverages, a prominent bottled water producer in Saudi Arabia, is recognised for ...

Cargill acquires full ownership of Teys Australia and Teys USA

Cargill will name a new CEO of Teys in due course and work closely with Brad Teys to ensure a seamless transition Teys Investments Pty Ltd and Cargill announced that a wholly owned subsidiary of Cargill has agreed to purchase all of the issued share capital of Teys Investments from the Teys fami...

SEDCO Holding and Bugshan Investment complete sale of Arabian Farms to Al Ain Farms Group

The company was also the UAE’s first and only producer of pasteurised eggs, and the first mover in the nutrition-enriched table egg category in Saudi Arabia SEDCO Holding, a leading Saudi investor, and Bugshan Investment, the investment arm of the Bugshan family office, announced the completio...

PepsiCo completes acquisition of poppi

This acquisition marks a significant step in PepsiCo's ongoing transformation of its portfolio PepsiCo announced that it has closed the acquisition of poppi for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. T...

Kemin Industries acquires Bactana research-driven company

This strategic investment by Kemin Nutrisurance: Pet Food and Rendering Technologies underscores Kemin's commitment to scientific innovation and the continuous expansion of its expertise in gut health Kemin Industries, a global ingredient manufacturer that strives to sustainably transform the qu...

UAE’s Agthia Group completes Riviere acquisition

The acquisition is expected to be immediately earnings accretive and result in an approximately 6.5 per cent increase to the Group’s Water & Food segment revenues UAE based, Agthia Group PJSC one of the region’s leading food and beverage companies, has completed its 100 per cent acquisit...

Pluri acquires Kokomodo to advance cultivated cacao production

The collaboration is expected to accelerate production scale-up, global market entry, and product innovation in sustainable cacao ingredients Pluri announced it has completed the strategic acquisition of a 71 per cent equity stake in Kokomodo Ltd., a cultivated cacao AgFoodTech company, for $4.5...

Huhtamaki acquires Zellwin Farms Company

The transaction will benefit Huhtamaki with additional capacity and capabilities in moulded fibre packaging Huhtamaki has acquired Zellwin Farms, a privately owned business located in Zellwood, Florida, in the United States. The $18 million enterprise value transaction will support Huhtamaki’s...

Baldor Specialty Foods acquires premium meat company Golden Packing

This venture will enable Baldor to provide an increased selection of center-of-plate proteins to its 14,000+ customer base Baldor Speciality Foods announced that it has acquired premium meat company Golden Packing to enhance its meat offerings. Baldor, the leading premium food distributor i...

The Alkaline Water Company finalises strategic equipment acquisition

Company strengthens its manufacturing capabilities and looks to reduce production costs and improve margins The Alkaline Water Company, a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, announced the finalisation of its previously announc...

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