The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Keurig Dr Pepper acquires drink mix maker Dyla
Keurig Dr Pepper has acquired full ownership of Dyla Brands, a player in the powdered drink mix and liquid water enhancer market.
Pernod Ricard India sells Imperial Blue division to Tilaknagar Industries
In a realignment aimed at enhancing its focus on premium brands, Pernod Ricard India has entered into a definitive agreement to divest its Imperial Blue business division to Tilaknagar Industries.
Generous Brands to acquire Health-Ade Kombucha for $500m
Generous Brands, a prominent player in the premium refrigerated beverage sector, has announced its acquisition of Health-Ade Kombucha for approximately $500 million, according to sources familiar with the deal.
Kraft Heinz considers spinoff of sluggish brands in bid to enhance shareholder value
In a strategic pivot that could reshape its brand portfolio, Kraft Heinz is reportedly exploring the possibility of spinning off several of its slower-growing brands, including Velveeta and Oscar Mayer, as part of an effort to reverse the fortunes of its underperforming grocery division.
Apax Global Impact Fund to invest in Foods Connected
The Apax Global Impact Fund, managed by Apax Partners, has announced a strategic investment in Foods Connected, a supplier management platform under Hilton Food Group.
Nexture debuts as new holding company for CSM Ingredients and Italcanditi
New established holiding company, Nexture, has officially launched today, marking a significant development in the food ingredients sector.
The Compleat Food Group expands portfolio with acquisition of Freshpak
The Compleat Food Group has acquired Freshpak, a private-label producer specialising in added-value egg products, chilled food-to-go...
AG Barr buys majority stake in functional beverage brand The Turmeric Co
AG Barr, the Scottish beverage company known for its flagship product Irn-Bru, has acquired a majority stake in Innate-Essence Limited, the parent company of The Turmeric Co.
Kraft Heinz considers divesting grocery segment in potential $20bn spin-off
According to reports from major media outlets, including Bloomberg and Financial Times, Kraft Heinz Company is actively considering a significant restructuring that would involve spinning off a substantial portion of its grocery business, which includes several iconic Kraft products.
Ferrara Candy Company enters exclusive discussions to acquire CPK Group
Ferrara Candy Company, a player in the US sugar confectionery market, has initiated exclusive discussions to acquire CPK Group, a French manufacturer and distributor of candies and chocolates.
Lactalis acquisition of Fonterra's dairy operations approved by ACCC
The Australian Competition and Consumer Commission (ACCC) has announced it will not oppose Lactalis Group's' proposed acquisition of Fonterra Co-Operative Group's consumer, dairy ingredients and food service businesses.
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