The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Azelis strengthens nutraceuticals footprint in Poland with Hortimex acquisition
Azelis has acquired Hortimex, a Polish speciality chemicals distributor active in the food ingredients and nutraceuticals segments.
Diageo strengthens non-alcoholic spirits portfolio with Ritual Zero Proof acquisition
Diageo has acquired non-alcoholic spirits brand Ritual Zero Proof, as part of its strategy to meet growing demand for alcohol alternatives.
Danone proposes acquisition of Lifeway Foods for $283m
Danone SA has made a non-binding proposal to acquire Lifeway Foods, a producer of kefir and probiotic products, for approx. $283 million.
Edrington to offload The Famous Grouse to William Grant & Sons
Scotland-based international spirits company Edrington has revealed plans to sell its The Famous Grouse and Naked Malt brands.
Mondelēz expands presence in China’s pastry market with Evirth acquisition
Mondelēz International has announced plans to acquire a majority stake in Evirth, a Chinese manufacturer of cakes and pastries
Ricola expands Swiss production with Lenzburg plant acquisition from Hero
Ricola Group is set to expand its production capabilities by acquiring a manufacturing plant in Lenzburg from Hero Group.
Campari Group acquires minority stake in Capevin
Campari Group has acquired a 14.6% minority stake in Capevin, a South African company that indirectly owns CVH Spirits.
Hero Group acquires British plant-based brand Deliciously Ella
Swiss food manufacturer Hero Group has acquired British plant-based food brand Deliciously Ella.
Unbranded Brewing Co closes doors and puts assets up for auction
Unbranded Brewing Co, a brewery in Hialeah, Florida, has ceased operations and is liquidating its assets through an online auction.
Kellanova to sell majority stake in Egypt’s Bisco-Misr
Kellanova has announced plans to sell its majority stake in Bisco-Misr to Hayel Saeed Anam (HSA) Group.
Nestlé to sell Cremora assets in South Africa to Lactalis
Nestlé has revealed plans to sell its Cremora business in South Africa to dairy giant Lactalis.
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