The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

Brown-Forman has shared a statement revealing that its board of directors has turned down an unsolicited takeover bid from fellow spirits group Sazerac.

Vita Coco has acquired super-premium Thai coconut water producer Copra.

McCormick has unveiled the planned operating structure, executive team and secondary listing location for its proposed combination with Unilever’s Foods business.

Meiji Holdings has agreed to sell its drinking milk, yogurt and B2B operations in China to Shanghai AustAsia Food for RMB 320 million (approx. $47.2 million).

German snack manufacturer Intersnack Group has agreed to acquire US salty snacks producer Utz Brands in a transaction valuing the business at approximately $2.9 billion.

The UK Competition and Markets Authority (CMA) has opened an initial review into McCormick and Company’s proposed acquisition of Unilever’s food business.

Royal A-ware has agreed to acquire a 35% stake in Amalthea, a producer of goat’s cheese, other goat dairy products and organic cow’s cheese.

SuanNutra, a Carbyne Equity Partners company, has agreed to acquire a portfolio of natural ingredients businesses from IFF.

Canadian dairy cooperative Agropur has agreed to sell its fine cheese business to Lactalis.

Heineken Costa Rica has signed an agreement to acquire RainForest Water, a Costa Rican premium artesian water brand, through its subsidiary Distribuidora La Florida.

The South African Competition Commission has recommended approval of Coca-Cola HBC AG’s proposed acquisition of Coca-Cola Beverages Africa.

Apheon has agreed to acquire Alma, a newly formed French frozen snacks group.