The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
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Mergers & Acquisitions
Jungbunzlauer expands US manufacturing footprint with acquisition of IFF site
Jungbunzlauer, a producer of sustainable ingredients, has purchased a multipurpose production facility in Thomson, Illinois, from IFF.
Post Holdings sells pasta business to Richardson for $375m
Post Holdings has entered into an agreement to sell the pasta business of its 8th Avenue Food & Provisions subsidiary to food group Richardson.
PepsiCo boosts stake in Celsius with $585m deal
Celsius Holdings has deepened its partnership with PepsiCo in a deal that will see the functional energy drink maker take on a wider portfolio and a more prominent strategic role in the US market.
Case Farms acquires Foster Farms’ Louisiana operations
Case Farms has completed the acquisition of Foster Farms’ Farmerville, Louisiana complex, marking a strategic expansion of its poultry operations.
Investindustrial's triple acquisition strengthens food processing equipment portfolio
Investindustrial has agreed to acquire Kiremko, Idaho Steel Products and Reyco, recognised as key players in the manufacture of customised equipment for the food processing industry.
Coca-Cola mulls Costa Coffee sale amid shift to healthier innovations
The Coca-Cola Company is reportedly exploring the sale of Costa Coffee, the British coffee chain it acquired in 2018 for over $5 billion.
Keurig Dr Pepper to acquire JDE Peet’s for €15.7bn, plans spin-off into two public companies
Keurig Dr Pepper (KDP) has entered an agreement to acquire JDE Peet’s in an all-cash transaction valued at approximately €15.7 billion.
McCormick to take majority stake in McCormick de Mexico with $750m deal
McCormick & Company has agreed to acquire an additional 25% stake in McCormick de Mexico from long-time joint venture partner Grupo Herdez for $750 million, giving the US flavour manufacturer a controlling 75% interest in the business.
Fonterra agrees to sell consumer business to Lactalis for $2.3 Billion
New Zealand-based dairy giant Fonterra has announced a divestment of its global consumer and associated businesses to Lactalis for $2.3 billion.
Premier Foods acquires Merchant Gourmet
In a move to bolster its presence in the healthy convenience sector, Premier Foods has acquired Merchant Gourmet, a brand known for its ready-to-eat meals centred around pulses and grains.
Fortifi to purchase Provisur Technologies
Fortifi Food Processing Solutions has entered a definitive agreement to acquire Provisur Technologies, a leading provider of further processing solutions for the protein sector.
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