The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Kraft Heinz announces ‘ongoing evaluation’ of strategic transactions
The Kraft Heinz Company has announced that its board of directors and executive leadership team are evaluating potential strategic transactions to unlock shareholder value.
Lallemand enters exclusive talks to acquire AIT Ingredients and Solyve from Moulins Soufflet
Lallemand has entered exclusive negotiations with Moulins Soufflet, a subsidiary of Groupe InVivo, to acquire two of its businesses: AIT Ingredients and Solyve.
Cranswick acquires sausage maker Blakemans for £32m
Cranswick has acquired sausage manufacturer James T Blakeman & Co for £32 million.
PepsiCo finalises nearly $2bn deal to acquire Poppi
The net purchase price stands at $1.65 billion, with an additional earnout tied to performance targets.
Chobani acquires plant-based frozen smoothies and meals start-up Daily Harvest
Dairy giant Chobani has announced its acquisition of Daily Harvest, a plant-based start-up that delivers a range of frozen ready meals, smoothies, snacks and protein products.
Verde Valle Foods acquires A Dozen Cousins
Verde Valle Foods has acquired A Dozen Cousins, a brand recognised for its ready-to-eat beans, rice and seasoning sauces inspired by traditional Creole, Caribbean and Latin American cuisines.
Greencore and Bakkavor agree on terms of acquisition to create £4bn convenience food business
The boards of British food manufacturers Greencore and Bakkavor have agreed on the terms of their long-awaited merger deal.
Newlat agrees to acquire Diageo’s production facility in Italy
Newlat Food has signed an exclusivity agreement to acquire Diageo’s production facility in Santa Vittoria d'Alba, northern Italy.
Darling Ingredients and Tessenderlo Group to launch joint venture in collagen sector
Darling Ingredients, a developer and producer of sustainable natural ingredients derived from both edible and inedible bio-nutrients, has entered into a joint venture with Tessenderlo Group to establish a new company, called Nextida.
Danone to buy majority stake in plant-based nutrition brand Kate Farms
Danone has entered into a definitive agreement to acquire a majority stake in Kate Farms, a US plant-based and organic nutrition brand, for an undisclosed sum.
JDE Peet’s sells Turkish tea unit, halts L’or barista rollout in US
JDE Peet’s has sold its tea business in Turkey to Efor Holding for an undisclosed sum. The business generated approximately €60 million...
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