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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
Froneri to acquire Food Union’s European ice cream business

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.

Dairy
Coca-Cola to be hit with $1bn charge for sale of African bottler

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.

Beverage
Mowi secures EU approval for Nova Sea acquisition

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.

Mergers & Acquisitions
Unilever postpones $15bn Magnum demerger amid US government shutdown

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.

Mergers & Acquisitions
Coca-Cola Company sells controlling stake in African bottler to Coca-Cola HBC

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.

Mergers & Acquisitions
Supreme acquires SlimFast UK and Europe from Glanbia in £20m deal

Supreme acquires SlimFast UK and Europe from Glanbia in £20m deal

FMCG manufacturer and supplier Supreme has acquired the trade and selected UK and European assets of SlimFast from Glanbia in a £20 million deal, announced today.

Mergers & Acquisitions
Cropster acquires South Korea’s Firescope to expand reach in Asian coffee market

Cropster acquires South Korea’s Firescope to expand reach in Asian coffee market

Coffee technology company Cropster has acquired Firescope, a South Korean developer of roasting software, strengthening its presence in the Asian speciality coffee market.

Mergers & Acquisitions
Roberts Bakery's future secured through Boparan Private Office investment

Roberts Bakery's future secured through Boparan Private Office investment

Frank Roberts & Sons has been acquired by Boparan Private Office, securing the future of the 138-year-old Northwich bakery and preserving 433 jobs.

Bakery
Gourmey and Vital Meat merge to form PARIMA

Gourmey and Vital Meat merge to form PARIMA

French cultivated food companies Gourmey and Vital Meat have merged to create PARIMA, a new entity focused on developing cell-based animal products including duck and chicken.

Mergers & Acquisitions
Starboard Value takes stake in Keurig Dr Pepper amid JDE Peet's acquisition

Starboard Value takes stake in Keurig Dr Pepper amid JDE Peet's acquisition

Activist investor Starboard Value has taken a stake in KDP, coinciding with its announcement of plans to acquire coffee maker JDE Peet's for approx. $18bn.

Funding & Investments
Glass Recycling Coalition and Glass Recycling Foundation merge companies

Glass Recycling Coalition and Glass Recycling Foundation merge companies

Glass Recycling Coalition and the Glass Recycling Foundation have officially merged under the GRF banner to create a new streamlined organisation.

Packaging
Caffo Group to buy Valle Talloria site from Italian Wine Brands for Cinzano production

Caffo Group to buy Valle Talloria site from Italian Wine Brands for Cinzano production

Italian Wine Brands has agreed to sell its site in Valle Talloria, Italy, to Caffo Group, for the production of Caffo’s Cinzano Italian vermouth and sparkling wine brand.

Beverage
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