The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
KKR considering $10bn sale of Flora Food Group, Financial Times reports
According to reporting by the Financial Times, private equity firm KKR is exploring a sale of Flora Food Group, with a potential valuation of up to $10 billion.
Laird Superfood acquires Terrasoul Superfoods in $48m deal to scale functional nutrition platform
Laird Superfood has completed the acquisition of Terrasoul Superfoods for $48 million in cash.
Nestlé divests Ankerkraut stake, returning ownership to founders
Nestlé has agreed to transfer its shares in German spice brand Ankerkraut back to its founders.
Sazerac bids $15bn for Brown-Forman amid Pernod-Ricard merger discussions – Reuters
A potential bidding war over Jack Daniel's producer Brown-Forman is emerging after Sazerac made a $15 billion offer to acquire Brown-Forman, according to Reuters.
Suntory buys Daiichi Sankyo Healthcare in $1.6bn deal
By combining beverage innovation with pharmaceutical-grade expertise, Suntory is positioning itself to compete more aggressively in adjacent categories, including nutraceuticals and functional foods.
Crane NXT completes acquisition of Antares Vision
Crane NXT has completed its acquisition of Antares Vision, marking a strategic expansion of its capabilities in the fast-growing food and beverage traceability sector.
Ringmetall expands US footprint with thermoforming aquisition
Ringmetall has strengthened its position in the US food and industrial packaging market through the acquisition of the Thermoforming Division of New England Plastics Corp.
Midland expands food packaging capabilities with acquisition of Wetoska Packaging Distributors
Midland, a US-based provider of paper, packaging and performance solutions, has announced the acquisition of Wetoska Packaging Distributors.
Heineken sells Bralima in the Democratic Republic of Congo
Heineken has sold its shareholding in Brasseries, Limonaderies et Malteries (Bralima), its operating company in the Democratic Republic of Congo, to Elna Holdings.
Tirelli and Unimac-Gherri merge to strengthen food processing solutions
Tirelli and Unimac-Gherri are joining forces through a merger designed to create a broader integrated industrial platform serving the food sector.
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.
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