The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Heineken completes Fifco deal, tightening grip on Central America’s beverage market
Heineken has completed its acquisition of Costa Rica’s Fifco, strengthening its grip on Central America as brewers seek growth beyond Western markets.
Violet Foods buys Muir Glen brand from General Mills to expand organic tomato portfolio
Violet Foods, a US manufacturer of pizza and pasta sauces, has acquired the Muir Glen brand of organic tomato products from General Mills.
Euricom to acquire Ebly, securing EU’s largest ready-to-heat rice facility
Euricom to acquire 100% of Ebly, including the brand and Châteaudun EU rice facility, from Mars and Axéréal Participations.
Cawston Press moves into no-alcohol beer with acquisition of Loah
British soft drinks maker Cawston Press has entered the fast-growing no- and low-alcohol drinks market with the acquisition of Loah.
Smithfield to buy Nathan’s Famous for $450m, securing control of key hot dog brand
Smithfield Foods will acquire US-based hot dog maker Nathan’s Famous in an all-cash deal valued at approximately $450 million.
Nestlé presses ahead with bottled water carve-out as private equity circles €5bn business
The Swiss giant has invited first-round bids for the water unit, valued at around €5 billion, according to sources, with Rothschild advising on the transaction.
Puratos acquires US nut ingredient specialist Vör Foods to accelerate bakery innovation
Puratos acquires U.S. nut ingredient maker Vör Foods to boost sweet goods innovation and expand its U.S. manufacturing footprint.
Tropical Cheese acquires Cibao Meat Products to expand Hispanic refrigerated foods portfolio
Tropical Cheese, a leading US producer of Hispanic dairy products, has acquired Cibao Meat Products.
French competition authority approves major agri-food mergers
France’s competition authority cleared Greenyard–Eureden JV and the merger of cooperatives Terres du Sud and Vivadour.
Dutch butter and dough producers merge to form Royal Van Ballegooijen Foods
Dutch butter and dough producers Royal VIVBuisman and Van der Pol have formally merged to create Royal Van Ballegooijen Foods (Royal VBF), bringing more than 150 years of combined craftsmanship under a single company structure.
Alt-seafood association Future Ocean Foods seeks buyer to accelerate organisation
Future Ocean Foods, a trade association dedicated to the global alternative seafood industry, has announced it is seeking acquisition.
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