The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Bega Cheese seeks informal regulatory clearance for potential Fonterra Oceania acquisition
Australian dairy group Bega Cheese has confirmed it is seeking informal regulatory approval for its potential acquisition of Fonterra’s Oceania business.
Almarai signs agreement to acquire Pure Beverages in $277m deal
Saudi Arabian F&B group Almarai Company has signed an agreement to acquire water company Pure Beverages Industry Company in a deal valued at SAR 1.04 bn (approx. $277m).
JM Smucker navigates challenges following Hostess acquisition
The JM Smucker Company is grappling with operational and financial challenges as it integrates Hostess Brands, which it acquired in November 2023.
Krispy Kreme completes sale of Insomnia Cookies stake
Krispy Kreme has finalised the sale of its remaining ownership stake in Insomnia Cookies, a move that underscores the company's commitment to financial restructuring and strategic growth.
High Liner Foods to acquire Mrs Paul's and Van de Kamp's frozen fish brands from Conagra for $55m
High Liner Foods has agreed to acquire the Mrs Paul’s and Van de Kamp’s frozen breaded and battered fish brands from Conagra Brands for $55 million, including around $36 million in inventory.
Cargill acquires full ownership of Australian beef producer Teys Investments
Cargill has announced its agreement to acquire 100% ownership of Teys Investments, an Australian beef producer. This acquisition marks a significant transition in ownership, as Teys has been jointly owned by the Teys family and Cargill for the past 14 years.
Post Holdings to acquire 8th Avenue for $880m
Post Holdings has entered into a definitive agreement to acquire 8th Avenue Food & Provisions in a deal worth $880 million.
Sartori buys organic cheese maker Rumiano
Sartori Cheese has announced the acquisition of Rumiano Cheese Company, a California-based producer of organic cheese and butter.
Refresco to acquire Norwegian beverage manufacturer Telemark Kildevann
Refresco has announced an agreement to acquire Telemark Kildevann Holding (TKV), a Norwegian producer of soft drinks and bottled water.
General Mills and Lactalis receive regulatory approvals for US yogurt business deal
General Mills has announced that the regulatory review for the sale of its US yogurt business to Lactalis is complete and has been cleared.
Piracanjuba expands into Northeast Brazil with acquisition of Natulact cheese plant
Brazilian dairy company Grupo Piracanjuba has announced the acquisition of Santa Barbara Indústria e Comércio de Bens e Laticínios (Natulact), a cheese manufacturer based in Nossa Senhora da Glória, Sergipe.
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