The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Valley Milk forms Francisco Foods to acquire Rizo-Lopez assets
Valley Milk has formed Francisco Foods, a new entity to acquire substantially all assets of Rizo-Lopez Foods.
Ambienta backs plant-based dairy producer The Bridge to accelerate European growth
European sustainability-focused investor Ambienta has acquired a majority stake in Italian plant-based dairy specialist The Bridge for an undisclosed sum.
Pernod Ricard completes California wine exits with Mumm, Kenwood sales
Pernod Ricard has confirmed the completion of two previously announced transactions that further streamline its wine operations in California and focus on premium international spirits and champagne.
KDP secures controlling stake in JDE Peet’s, appoints Rafael Oliveira to lead coffee spin-off
KDP has acquired the controlling stake in JDE Peets and appointed Rafael Oliveira as CEO of coffee operating unit.
EPL and Indovida agree merger to form $2bn packaging group
EPL Limited has agreed to merge with Indovida India in a deal that will create a consumer packaging platform focused on emerging markets, with a combined valuation of around $2 billion.
Unilever and McCormick agree on $44.8bn merger
Unilever and McCormick & Company have entered into an agreement to combine McCormick with Unilever’s Food business, excluding India and certain other areas.
Bansk Group acquires majority stake in So Good So You
Bansk Group has entered into a definitive agreement to acquire a majority stake in So Good So You for an undisclosed sum.
Pernod Ricard and Brown-Forman confirm potential merger talks
Pernod Ricard and Brown-Forman have confirmed they are in discussions over a potential merger.
CMA flags Northern Ireland concerns in ABF and Hovis merger
The UK’s competition watchdog has provisionally cleared key aspects of the proposed merger between Associated British Foods (ABF) and Hovis, while raising specific competition concerns in Northern Ireland.
Danone and Arcor form new JV to unlock dairy opportunities in Argentina
The joint venture includes a transaction to acquire the remaining stake in local dairy group Mastellone Hermanos, creating a newly integrated dairy leader in the region.
Fresh Del Monte completes $285m acquisition of Del Monte Foods assets
Fresh Del Monte Produce has completed the acquisition of select assets from Del Monte Foods.
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