The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
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Mergers & Acquisitions
Investindustrial's triple acquisition strengthens food processing equipment portfolio
Investindustrial has agreed to acquire Kiremko, Idaho Steel Products and Reyco, recognised as key players in the manufacture of customised equipment for the food processing industry.
Coca-Cola mulls Costa Coffee sale amid shift to healthier innovations
The Coca-Cola Company is reportedly exploring the sale of Costa Coffee, the British coffee chain it acquired in 2018 for over $5 billion.
Keurig Dr Pepper to acquire JDE Peet’s for €15.7bn, plans spin-off into two public companies
Keurig Dr Pepper (KDP) has entered an agreement to acquire JDE Peet’s in an all-cash transaction valued at approximately €15.7 billion.
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.
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.
80 Acres Farms and Soli Organic merge to form national indoor farming powerhouse
80 Acres Farms and Soli Organic have announced a strategic merger aimed at establishing one of the largest and most advanced indoor farming networks globally.
Agrana buys Slovenian food company Mercator-Emba
Agrana has announced its strategic acquisition of Mercator-Emba, a Slovenian food manufacturer specialising in syrups and dessert toppings for the foodservice sector.
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...
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