The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Goldman Sachs set for €15bn Froneri deal, Financial Times reports
According to a Financial Times report, Goldman Sachs is set to buy into ice cream company Froneri at a €15bn valuation including debt.
ACCC reviews Bega Cheese's proposed acquisition of Fonterra's consumer operations
The Australian Competition and Consumer Commission (ACCC) has initiated an informal review of Bega Cheese Limited's proposal to acquire certain consumer and dairy ingredient businesses from New Zealand-based Fonterra Co-operative Group.
Ardent Mills to acquire Stone Mill in North Dakota, US
Flour milling and ingredient company Ardent Mills has entered into an agreement to acquire Stone Mill, a speciality grain cleaning facility in Richardton, North Dakota.
UAC of Nigeria to acquire Chivita|Hollandia from Coca-Cola Company
UAC of Nigeria has agreed to acquire Chivita|Hollandia (CHI Limited) from The Coca-Cola Company, a significant move that enhances UAC’s footprint in Nigeria's fast-moving consumer goods sector.
FrieslandCampina divests Romanian operations to Bonafarm Group
In a move to streamline its European operations, FrieslandCampina has announced the sale of its Romanian subsidiary to Bonafarm Group, a player in the regional food and beverage sector.
Ty Nant strengthens portfolio with acquisition of Strathmore Water from AG Barr
Ty Nant, a player in the premium bottled water sector, has acquired Strathmore Water from AG Barr, marking a significant strategic move for both brands.
European Commission pauses antitrust investigation into Mars’ $36bn Kellanova takeover – Reuters
The European Commission has paused its investigation into Mars’ $36bn takeover of fellow food giant Kellanova while awaiting data requested from the companies, according to a Reuters report.
Mighty Drinks plant milk brand secures buyer after entering administration
The Mighty Drinks plant milk brand, which appointed administrators from Interpath in June 2025, has been sold to alternative protein company The Mighty Kitchen.
Warburg Pincus to acquire FlavorSum
Warburg Pincus has announced an agreement to acquire FlavorSum, a provider of natural flavour solutions, from The Riverside Company.
Cobblestone Brands acquires Knappogue Castle and Clontarf Irish whiskeys
Cobblestone Brands has acquired Knappogue Castle and Clontarf Irish whiskeys from Irish Distillers, a subsidiary of Pernod Ricard.
Hovis and Kingsmill parent companies near merger valued at £75m
Kingsmill bread owner Associated British Foods is reportedly on the verge of finalising a merger with Hovis, owned by private equity firm Endless.
- Page 26


_gif.gif)













