The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Brownes Dairy expands into the UK with Hunt and Brew cold brew facility
Cold brew coffee brand Hunt and Brew has become the first Australian dairy company to establish manufacturing operations in the UK.
Keurig Dr Pepper receives $7bn investment to support business split and JDE Peet’s deal
Keurig Dr Pepper has received a $7 billion strategic investment, co-led by Apollo and KKR, to support its acquisition of JDE Peet’s alongside its split into two distinct businesses.
Greencore-Bakkavor merger faces antitrust scrutiny in the UK
The CMA indicated the merger could reduce competition in the supply of own-label chilled sauces, positioning the combined entity as one of the largest UK suppliers.
B&G Foods divests Green Giant brand in Canada to Nortera Foods
B&G Foods has announced the sale of its Green Giant and Le Sieur frozen and shelf-stable vegetable product lines in Canada to Nortera Foods.
European Commission approves FrieslandCampina and Milcobel merger
The European Commission has given the green light to the proposed merger between FrieslandCampina and Milcobel, concluding that the deal will not significantly impede competition across key dairy markets in Europe.
Unilever confirms ice cream unit demerger on track for completion by end of 2025
Unilever has reaffirmed plans to complete the demerger of its Magnum Ice Cream Company by the end of 2025, despite a delay linked to the ongoing US federal government shutdown.
Froneri to acquire Food Union’s European ice cream business
Froneri has announced plans to acquire the European ice cream operations of Food Union, expanding its footprint across Northern and Eastern Europe.
Coca-Cola to be hit with $1bn charge for sale of African bottler
Coca-Cola will be hit with a $1 billion impairment charge as part of a restructuring of its African bottling operations.
Mowi secures EU approval for Nova Sea acquisition
Mowi, a global seafood company, has revealed that its acquisition of a controlling stake in Nova Sea has received approval from the European Commission.
Unilever postpones $15bn Magnum demerger amid US government shutdown
Unilever says there will be a delay in the timeline for the demerger of its Magnum Ice Cream Company, citing the ongoing US federal government shutdown as a significant factor.
Coca-Cola Company sells controlling stake in African bottler to Coca-Cola HBC
The Coca-Cola Company and Gutsche Family Investments have announced the sale of a 75% controlling interest in Coca-Cola Beverages Africa to Coca-Cola HBC.
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