The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
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.
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.
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.
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.
Lipton Teas and Infusions to sell Turkish tea factories to Öz-Gür Çay
Lipton Teas and Infusions has agreed to transfer ownership of its two tea processing factories in Türkiye’s Rize region to local tea producer Öz-Gür Çay, pending approval from local authorities.
Windoria acquires Saudi Arabian sauce manufacturer Al-Fursan
Windoria, the new combined entity following the merger of La Doria and Winland Foods, has acquired Saudi Arabian sauce and condiment manufacturer Al-Fursan.
BASF completes sale of Food and Health Performance Ingredients business to Louis Dreyfus Company
BASF has finalised the sale of its Food and Health Performance Ingredients business to Louis Dreyfus Company.
Synlait to sell North Island assets to Abbott for $178m
New Zealand dairy group Synlait Milk has agreed to sell its North Island operations to the local unit of US healthcare company Abbott Laboratories.
Kemin enhances global enzyme production with CJ Youtell Biotech acquisition
Kemin Industries, a global ingredient manufacturer, has acquired CJ Youtell Biotech, the enzymes and fermentation subsidiary of CJ Bio.
Ferrero completes acquisition of WK Kellogg
Ferrero has announced that its $3.1 billion acquisition of WK Kellogg has been completed, marking a new milestone in the company’s North America growth strategy.
Clean Food Group buys Algal Omega 3 assets out of administration
UK food-tech company Clean Food Group has acquired the assets of algal oil producer Algal Omega 3 out of administration, including a 1 million-litre capacity fermentation facility.
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