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The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

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Mergers & Acquisitions
Ferrero to acquire Purely Elizabeth in latest US breakfast expansion

Ferrero to acquire Purely Elizabeth in latest US breakfast expansion

Ferrero Group has agreed to acquire US better-for-you food brand Purely Elizabeth.

Mergers & Acquisitions
Saputo to sell UK dairy division to Lactalis for £988m

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.

Mergers & Acquisitions
Second Nature Brands completes acquisition of Tillamook Country Smoker

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.

Food
Procter & Gamble to acquire science-backed wellness brand Thorne

Procter & Gamble to acquire science-backed wellness brand Thorne

Procter & Gamble has agreed to acquire science-backed health and wellness brand Thorne.

Health
Vimto maker Nichols buys functional drinks brand VitHit for £64m

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.

Beverage
JBS secures $2.5bn from Indonesia’s sovereign wealth fund for new joint venture

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.

Food
Vandemoortele completes full acquisition of US bakery business Banneton

Vandemoortele completes full acquisition of US bakery business Banneton

Vandemoortele has completed the final phase of its acquisition of US-based Banneton Bakery

Mergers & Acquisitions
Griffith Foods agrees deal to acquire Plant-Tec factory in Poland

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.

Mergers & Acquisitions
Orkla Snacks acquires vegan confectionery producer The European Candy Group in €207m deal

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.

Food
Hormel Foods completes sale of Ceratti Brazilian operations

Hormel Foods completes sale of Ceratti Brazilian operations

Hormel Foods has completed the sale of its Brazilian operations.

Business
Rise Baking Company acquires Jimmy’s Gourmet Bakery

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.

Bakery
Unilever agrees on worker protection deal following McCormick food merger

Unilever agrees on worker protection deal following McCormick food merger

Unilever has agreed to protect the employment terms of workers across its European and British food business for two years following its planned merger with US spice maker McCormick, Reuters has reported.

Mergers & Acquisitions
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