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

French yeast manufacturer Lesaffre has acquired a majority stake in Biorigin, a business unit of Zulior.

Mérieux NutriSciences has entered into an agreement to acquire the food testing business of Bureau Veritas for €360 million.

Hispanic food company Badia Spices has agreed to sell a majority stake to a group of investors.

Diageo has reportedly called off the sale of its Pimm’s brand after failing to agree on a deal with potential buyers, according to Sky News.

Moët Hennessy has acquired a minority stake in French Bloom, a producer of alcohol-free sparkling wines.

PepsiCo has announced its plans to acquire Siete Foods, a Texas-based maker of Mexican-American food products, for $1.2 billion.

Fonterra has unveiled a revised strategic framework aimed at bolstering its focus on high-performing ingredients and foodservice segments.

DSM-Firmenich has finalised the sale of its MEG-3 fish oil business to KD Pharma Group.

Nissin Foods has acquired 100% of the shares of ABC Pastry for AUD 33.7 million (approx. $23.26 million).

Azelis has acquired Hortimex, a Polish speciality chemicals distributor active in the food ingredients and nutraceuticals segments.

Diageo has acquired non-alcoholic spirits brand Ritual Zero Proof, as part of its strategy to meet growing demand for alcohol alternatives.

Danone SA has made a non-binding proposal to acquire Lifeway Foods, a producer of kefir and probiotic products, for approx. $283 million.