The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Hain Celestial to sell international business to Aurelius in $323m cash deal
US-headquartered Hain Celestial has entered into an agreement to sell its international business to global private equity firm Aurelius, aiming to streamline its portfolio and create a more ‘focused’ North American business.
NotCo sells Brazil operations to Ferrara, reportedly shuts down Mexico business
Chilean AI food-tech company NotCo has confirmed it has sold its operations in Brazil to local investment firm Ferrara, owner of a portfolio of natural food brands in Brazil and the US.
Agrana targets flavour growth with planned acquisition of Esarom
Agrana is planning to acquire flavour specialist Esarom in a move designed to strengthen its position in tailored food and beverage solutions.
Grupo Fuertes enters ham processing sector with Jamones Albarracín deal
Spanish food group Grupo Fuertes has acquired Teruel-based Jamones Albarracín.
Mane acquires Cvista to establish US citrus and beverage innovation centre
Mane has acquired US-based citrus ingredients specialist Cvista.
General Mills completes sale of Brazil business to Grupo 3corações
General Mills has completed the sale of its business in Brazil to local coffee giant 3corações.
Barilla Group to acquire Goodles, expanding its reach in the US mac and cheese market
Barilla Group is set to acquire Goodles, the fast-growing mac and cheese brand founded in 2020 with a focus on combining indulgent comfort food with improved nutrition.
Bunge agrees to sell two Brazilian sugar mills to COFCO International
Bunge Global has agreed to sell two sugarcane mills in Brazil to COFCO International.
Nestlé to sell vitamins, minerals and supplements business to Yellow Wood Partners for $1bn
Nestlé has agreed to divest its mainstream vitamins, minerals and supplements business to private equity firm Yellow Wood Partners for $1 billion, expected to close by the first half of 2027.
Keurig Dr Pepper to sell Chobani stake and facility for $925 million, Chobani unveils $1.2bn investment in site
Keurig Dr Pepper has agreed to sell its full equity stake in Chobani back to the company for $800 million, as well as its manufacturing facility in Allentown, Pennsylvania, for approximately $125 million.
Nestlé and PAI’s European Pizza Group reportedly ‘closing in on deal’ to buy Crosta Mollica – Sky News
According to a Sky News report, European Pizza Group – which is jointly owned by Nestlé and private equity firm PAI Partners – is ‘closing in on’ a deal to buy premium pizza brand Crosta Mollica.
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