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

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Mergers & Acquisitions
Nestlé to sell remaining ice cream operations to Froneri

Nestlé to sell remaining ice cream operations to Froneri

As part of its most recent financial reporting, Nestlé has confirmed that it is accelerating plans to exit most, if not all, of its remaining ice cream operations.

Mergers & Acquisitions
Orkla Food Ingredients expands CSE footprint with acquisition of Senna

Orkla Food Ingredients expands CSE footprint with acquisition of Senna

Orkla Food Ingredients has signed an agreement to acquire Austrian-based Senna, a producer of margarine and cooking oils.

Dairy
Fonterra secures farmer backing for capital return linked to mainland divestment

Fonterra secures farmer backing for capital return linked to mainland divestment

Farmer shareholders of dairy co-op Fonterra have overwhelmingly approved a capital return plan tied to the proposed sale of its global consumer business.

Mergers & Acquisitions
"From lab scale to industrial scale" – Tetra Pak's Rafael Barros on strengthening fermentation with Bioreactors.net

"From lab scale to industrial scale" – Tetra Pak's Rafael Barros on strengthening fermentation with Bioreactors.net

In this interview, Tetra Pak's Rafael Barros explains how Bioreactors.net strengthens the company’s New Food fermentation capabilities and helps customers scale production from lab to industrial level.

Exclusives
Hormel Foods to divest whole-bird turkey business to Life-Science Innovations

Hormel Foods to divest whole-bird turkey business to Life-Science Innovations

Hormel Foods has entered into a definitive agreement to sell its whole-bird turkey business to Life-Science Innovations.

Mergers & Acquisitions
HUL takes full control of OZiva, sells stake in Nutritionalab

HUL takes full control of OZiva, sells stake in Nutritionalab

Hindustan Unilever has agreed to acquire the remaining 49% stake in nutrition brand Zywie Ventures (OZiva) while divesting its minority holding in Nutritionalab.

Mergers & Acquisitions
Cerealto to divest pasta unit to Cerealis in shift towards snacks and breakfast

Cerealto to divest pasta unit to Cerealis in shift towards snacks and breakfast

Agri-food company Cerealto has agreed to sell its pasta business and related manufacturing assets in Spain to Portuguese food producer Cerealis.

Mergers & Acquisitions
Saputo to offload 80% of its Argentina dairy arm in $855m deal

Saputo to offload 80% of its Argentina dairy arm in $855m deal

Saputo will sell an 80% stake in its Argentina dairy business to Peru's Gloria Foods in a deal valuing the unit at about $855 million.

Mergers & Acquisitions
Coca-Cola to retain full ownership of Costa Coffee

Coca-Cola to retain full ownership of Costa Coffee

Coca-Cola has confirmed it will retain full ownership of Costa Coffee, following months of speculation over a potential divestment of the UK-based café chain.

Business
Refresco to acquire SunOpta in $6.50 per share deal

Refresco to acquire SunOpta in $6.50 per share deal

Refresco, the global independent beverage solutions provider, has entered into a definitive agreement to acquire SunOpta in an all-cash transaction valued at $6.50 per share.

Mergers & Acquisitions
Kingswood Capital to acquire Coveris paper packaging unit in carve-out deal

Kingswood Capital to acquire Coveris paper packaging unit in carve-out deal

Kingswood Capital to acquire Coveris’ paper packaging unit as the European group focuses on flexible plastics and sustainability-driven assets.

Packaging
US court clears Fresh Del Monte’s $285m bid for Del Monte Foods assets

US court clears Fresh Del Monte’s $285m bid for Del Monte Foods assets

Fresh Del Monte Produce has received approval from the US Bankruptcy Court to acquire select assets of California-based Del Monte Foods Corporation.

Mergers & Acquisitions
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