The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Actus Nutrition acquires Foremost Farms’ whey protein facility
Butterfly Equity’s Actus Nutrition, a vertically-integrated nutritional ingredients manufacturer, has finalised an agreement to purchase a 99,000-square-foot processing facility from Foremost Farms USA.
Pernod Ricard divests wine brands to AWL, creates Vinarchy
Pernod Ricard has finalised the sale of its strategic international wine portfolio to Australian Wine Holdco Limited (AWL), the parent company of Accolade Wines.
Bakkavor sells China operations for £50m
UK fresh food producer, Bakkavor, has agreed to sell its Chinese business to Lihe Xing (Qingdao) Food Technology Company in a £50m deal.
Pluri acquires cultivated cocoa start-up Kokomodo
Pluri has completed the acquisition of a 71% stake in Kokomodo, an agri-food-tech company specialising in the production of cultivated cocoa.
Baldor Specialty Foods acquires Golden Packing
Baldor Specialty Foods has announced that it has acquired meat company Golden Packing to enhance its meat offerings.
Bunge to sell North America corn milling business to Grain Craft
Global agriculture group Bunge has announced that it has entered into definitive agreements to sell its North America dry corn and corn masa milling businesses to Grain Craft.
Bakkavor announces extension of Greencore merger deal deadline
The deadline for Greencore's acquisition of Bakkavor has been extended after an initial agreement in principle for the £1.2 billion deal announced earlier this month.
Prime announces intention to acquire Relax Downlow
Prime Drink Group has signed a binding letter of intent to buy a majority stake in functional drinks brand Relax Downlow.
Olam to invest $500m into food ingredients business, divest other units over time
Olam Group has today revealed plans to invest $500m into its food ingredients business and divest all its other assets over time.
Müller acquires kefir brand Biotiful Gut Health
Müller UK & Ireland has acquired UK kefir brand Biotiful Gut Health, as part of its strategy to enter the growing functional health yogurt and drinks market.
Sugarich expands operations with JD Bamber acquisition
Sugarich, a UK-based company recycling surplus factory food into animal feed, has expanded its operation with the successful acquisition of former food processing business, JD Bamber.
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