The companies have also agreed for Uber to purchase $300 million in newly issued ordinary shares of Delivery Hero Uber Technologies, Inc and Delivery Hero SE have reached an agreement for Uber to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $950 million in cash. The acquisition of foodpanda[Read More…]
Tag: acquisition
Japan’s Nissui acquires Musashino Foods
The company has been expanding its business by focusing on frozen-sliced sushi products Nissui Co., Ltd., a company based in Minato-ku, Tokyo, has announced that it has acquired Musashino Foods Co., Ltd. The latter, which specialises in producing processed seafood products for raw consumption, will serve as Nissui Group’s production[Read More…]
Vector Consumer announces acquisition of Dose & Co
Dose & Co is a collagen supplement brand from the ZURU Edge stable Vector Consumer Ltd has taken a significant stride towards expanding its presence in the collagen market with its latest acquisition, Dose & Co. This move swiftly follows another successful acquisition, the Pura Collagen brand. With the global collagen[Read More…]
MingZhu Logistics to acquire Mingfu Liquor in China
The proposed acquisition represents a further expansion of MingZhu’s premium liquor services business MingZhu Logistics Holdings Limited, an elite provider of logistics and transportation services to businesses, announced it has entered into a non-binding memorandum of understanding to acquire Xiamen Mingfu Liquor Industry Co., Ltd., a China-based distributor of Baijiu. The[Read More…]
BRIDOR announces acquisition of PANDRIKS
With this major acquisition, BRIDOR continues its strong global growth and emphasises LE DUFF Group’s commitment to accelerate its growth in the bakery sector BRIDOR, a subsidiary of LE DUFF Group (turnover of nearly EUR 3 Billion in 2024, with a presence in 100 countries) announces the acquisition of PANDRIKS[Read More…]
UMAMI Bioworks acquires Shiok Meats
The combined entity, operating from Singapore, is set to benefit from enhanced market efficiencies, broader commercial opportunities, and expedited regulatory and market introductions for its products Agronomics has announced the acquisition of its portfolio company, Shiok Meats, by UMAMI Bioworks Pte. Ltd. The deal, structured as a share-for-share exchange, marks[Read More…]
Vegan Food acquires German Tofutown
The latest acquisition is Vegan Food Group’s first since it was rebranded as a new development out of its initial company, VFC Foods Vegan Food Group has agreed to acquire Tofutown, a German tofu manufacturer with €60 million in revenue. The latest acquisition is Vegan Food Group’s first since it was[Read More…]
Netherlands’ Dawn Foods announces acquisition of Royal Steensma
The acquisition includes four manufacturing plants in The Netherlands, a manufacturing facility in Thailand, and continued involvement with the Food Innovation Academy (FIA) education centre in The Netherlands Global bakery manufacturer and ingredients supplier Dawn Foods announced the acquisition of Royal Steensma, a renowned family-owned bakery ingredients manufacturing company headquartered in Leeuwarden, The Netherlands. Royal Steensma has[Read More…]
Krones to expand portfolio into injection moulding with acquisition of Netstal
The final signing of the transaction is scheduled for the beginning of February 2024 Krones is close to signing an agreement regarding the acquisition of 100 per cent of Netstal Maschinen AG (Netstal) from KraussMaffei. Based in Naefels, Switzerland, Netstal is a leading supplier of injection moulding machines to the[Read More…]
Azelis enters into EMEA flavors & fragrances market with acquisition of BLH
The acquisition strengthens Azelis’ global footprint in flavors & fragrances, which was created over the last two years following the acquisition of Quimdis in France Azelis, a leading innovation service provider in the specialty chemicals and food ingredients industry, announces that it has acquired 100 per cent of the shares[Read More…]
