The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
InvestIndustrial to acquire TreeHouse Foods in $2.9bn deal
InvestIndustrial has signed an agreement to acquire TreeHouse Foods in an all-cash transaction for a total enterprise value of $2.9 billion.
Coca-Cola Consolidated buys back $2.4bn stake from the Coca-Cola Company
Coca-Cola Consolidated has repurchased all outstanding shares of its common stock previously owned by a subsidiary of the Coca-Cola Company.
Greencore and Bakkavor deal closer to completion as CMA's concerns addressed
To resolve the CMA’s concerns, the businesses offered remedies – specifically, Greencore offered to sell its only chilled sauce and soups manufacturing plant in Bristol, UK.
Made Uncommon doubles market share with acquisition of Seed & Bean, Love Cocoa and H!p
Made Uncommon, the parent company behind Coco Chocolatier, Up-Up and Otherly Oatm*lk, has announced the acquisition of three ethical chocolate brands: Seed & Bean, Love Cocoa and H!p.
Taylor Farms acquires UK-based Natures Way Foods
Taylor Farms has announced the acquisition of Natures Way Foods, a UK fresh prepared food manufacturer based in Chichester, England.
Cerealto takes majority stake in US manufacturer Fresca Foods
European food manufacturer Cerealto, a producer of biscuits, cereals and snack bars, has announced a majority investment in US-based co-manufacturer Fresca Foods.
Alpla expands with acquisition of Serbia’s Energoplast closure operations
Global packaging company Alpla Group has strengthened its presence in south-east Europe through the acquisition of the closure production operations of Serbian manufacturer Energoplast.
Princes Group valued at £1.16bn as it joins London Stock Exchange
Princes Group has priced its initial public offering (IPO) at 475 pence per share, valuing the business at approximately £1.16 billion as it joins the main market of the London Stock Exchange (LSE).
Fonterra farmers approve $4.22bn sale of Mainland Group to Lactalis
Fonterra’s farmer shareholders have approved the sale of its consumer and associated businesses, known as the Mainland Group, to dairy giant Lactalis for $4.22bn.
Fresh Del Monte and Church Brothers Farms align in packaging deal
Fresh produce companies, Fresh Del Monte and Church Brothers Farms, have announced a strategic agreement involving the sale and transfer of key assets from Fresh Del Monte’s Mann Packing business.
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.
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