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McCormick to take majority stake in McCormick de Mexico with $750m deal
McCormick & Company has agreed to acquire an additional 25% stake in McCormick de Mexico from long-time joint venture partner Grupo Herdez for $750 million, giving the US flavour manufacturer a controlling 75% interest in the business.
Fonterra agrees to sell consumer business to Lactalis for $2.3 Billion
New Zealand-based dairy giant Fonterra has announced a divestment of its global consumer and associated businesses to Lactalis for $2.3 billion.
Premier Foods acquires Merchant Gourmet
In a move to bolster its presence in the healthy convenience sector, Premier Foods has acquired Merchant Gourmet, a brand known for its ready-to-eat meals centred around pulses and grains.
The Good Food Institute appoints former Rainforest Alliance head Nigel Sizer as new CEO
The Good Food Institute (GFI) has announced that Nigel Sizer – a climate and public health expert and former head of the Rainforest Alliance – will be joining as its new chief executive on 26 August.
Keychain secures $30m in Series B funding to enhance AI-driven CPG platform
Keychain, a start-up in the consumer packaged goods sector, has secured $30m in Series B funding, in a round led by Wellington Management, with participation from BoxGroup.
Fortifi to purchase Provisur Technologies
Fortifi Food Processing Solutions has entered a definitive agreement to acquire Provisur Technologies, a leading provider of further processing solutions for the protein sector.
A2 Milk buys New Zealand formula plant to boost presence in China
A2 Milk Company Limited has acquired a nutritional manufacturing facility in New Zealand for NZ 282m, a move aimed at expanding its footprint in the lucrative Chinese market.
BrewDog faces significant distribution loss as pubs shift to competitors
BrewDog, the Scottish craft beer brand, is experiencing a substantial decline in its market presence, with nearly 2,000 pubs across the UK severing ties with the brand.
Finsbury Food Group expands portfolio with acquisition of Lola’s Cupcakes
Finsbury Food Group has acquired a 70% stake in Lola’s Cupcakes, a UK-based player in the premium cupcake and celebration cake sector.
Associated British Foods to acquire Hovis Group
Associated British Foods (ABF), the parent company of Kingsmill, has announced its agreement to acquire Hovis Group in a significant deal...
Coca-Cola appoints Luis Felipe Avellar as president of Africa operating unit
The Coca-Cola Company has announced the appointment of Luis Felipe Avellar as president of its Africa operating unit, effective September 1 2025.
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