The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Ferrero to acquire Purely Elizabeth in latest US breakfast expansion
Ferrero Group has agreed to acquire US better-for-you food brand Purely Elizabeth.
Saputo to sell UK dairy division to Lactalis for £988m
Saputo has agreed to sell its UK dairy division to Lactalis in a deal valuing the business at approximately £988 million.
Second Nature Brands completes acquisition of Tillamook Country Smoker
Second Nature Brands has completed its previously announced acquisition of meat snack producer Tillamook Country Smoker.
Procter & Gamble to acquire science-backed wellness brand Thorne
Procter & Gamble has agreed to acquire science-backed health and wellness brand Thorne.
Vimto maker Nichols buys functional drinks brand VitHit for £64m
Nichols has acquired Irish functional vitamin beverage brand VitHit in a £64 million deal, aligning with its strategy to strengthen its portfolio by investing in differentiated soft drinks brands.
JBS secures $2.5bn from Indonesia’s sovereign wealth fund for new joint venture
Meat giant JBS has partnered with Danantara Investment Management, an arm of Indonesia’s sovereign wealth fund, to establish a new joint venture that will manage JBS’ operations in Australia and New Zealand.
Vandemoortele completes full acquisition of US bakery business Banneton
Vandemoortele has completed the final phase of its acquisition of US-based Banneton Bakery
Griffith Foods agrees deal to acquire Plant-Tec factory in Poland
Griffith Foods has reached an agreement with LipCo Foods Group to acquire the Plant-Tec production facility in Zgierz, near Łódź, Poland.
Orkla Snacks acquires vegan confectionery producer The European Candy Group in €207m deal
Orkla Snacks has agreed to acquire 100% of the shares in The European Candy Group (CCI), a European producer of vegan sugar confectionery products.
Hormel Foods completes sale of Ceratti Brazilian operations
Hormel Foods has completed the sale of its Brazilian operations.
Rise Baking Company acquires Jimmy’s Gourmet Bakery
Rise Baking Company has completed its acquisition of Jimmy’s Gourmet Bakery, expanding its manufacturing capabilities in the US.
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