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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
Kraft Heinz considers divesting grocery segment in potential $20bn spin-off

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.

Business
Ferrara Candy Company enters exclusive discussions to acquire CPK Group

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.

Mergers & Acquisitions
Lactalis acquisition of Fonterra's dairy operations approved by ACCC

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.

Mergers & Acquisitions
Update: Ferrero confirms acquisition of WK Kellogg Co for $3.1bn

Update: Ferrero confirms acquisition of WK Kellogg Co for $3.1bn

The Ferrero Group has officially announced its acquisition of WK Kellogg Co, a move aimed at expanding its portfolio and enhancing its presence in the North American market.

Mergers & Acquisitions
Ferrero reportedly nears £3bn acquisition of WK Kellogg

Ferrero reportedly nears £3bn acquisition of WK Kellogg

Italian confectionery giant Ferrero, known for its brands like Nutella and Ferrero Rocher, is reportedly close to finalising a deal to acquire WK Kellogg, the maker of popular cereals such as Froot Loops and Frosted Flakes – a source has told Reuters.

Mergers & Acquisitions
Kraft Heinz to divest Italian baby and speciality food business to NewPrinces Group

Kraft Heinz to divest Italian baby and speciality food business to NewPrinces Group

In a move to streamline its operations and enhance focus on core product lines, Kraft Heinz has announced an agreement to sell its Italian infant and speciality food business to NewPrinces, a player in the European food and beverage sector.

Mergers & Acquisitions
Lallemand Bio-Ingredients acquires Solyve to enhance enzyme portfolio

Lallemand Bio-Ingredients acquires Solyve to enhance enzyme portfolio

Lallemand Bio-Ingredients has announced the acquisition of Solyve, a specialist in enzyme production, as part of its strategy to bolster its offerings in microbial solutions for the food and beverage sector.

Ingredients
CMA opens investigation into Greencore and Bakkavor merger

CMA opens investigation into Greencore and Bakkavor merger

The Competition and Markets Authority (CMA) has initiated an inquiry into the proposed acquisition of Bakkavor Group by Greencore Group, a significant move in the UK food manufacturing sector.

Mergers & Acquisitions
Campari Group sells Cinzano vermouth and sparkling wines to Caffo Group 1915 for €100m

Campari Group sells Cinzano vermouth and sparkling wines to Caffo Group 1915 for €100m

In a move to streamline its brand portfolio, Campari Group has finalised an agreement to sell its Cinzano vermouth and sparkling wines to Caffo Group 1915 for €100 million.

Mergers & Acquisitions
Diageo completes sale of stake in Guinness Ghana Breweries to Castel Group

Diageo completes sale of stake in Guinness Ghana Breweries to Castel Group

Diageo has finalised the sale of its 80.4% shareholding in Guinness Ghana Breweries plc to Castel Group, a move that underscores the beverage giant's strategic realignment in the African market.

Alcohol
Solina enters South America with New Max acquisition

Solina enters South America with New Max acquisition

Solina, a player in the global savoury food solutions market, has announced its entry into the South American market through the acquisition of New Max Industrial, a Brazilian provider of savoury solutions, flavouring systems and natural colourants.

Mergers & Acquisitions
Bunge finalises $8.4bn Viterra merger

Bunge finalises $8.4bn Viterra merger

Global agribusiness giant Bunge Global has completed its $8.4 billion merger with Canadian grain handler Viterra, nearly two years after first announcing the deal.

Mergers & Acquisitions
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