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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 announces ‘ongoing evaluation’ of strategic transactions

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.

Mergers & Acquisitions
Lallemand enters exclusive talks to acquire AIT Ingredients and Solyve from Moulins Soufflet

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.

Mergers & Acquisitions
Cranswick acquires sausage maker Blakemans for £32m

Cranswick acquires sausage maker Blakemans for £32m

Cranswick has acquired sausage manufacturer James T Blakeman & Co for £32 million.

Mergers & Acquisitions
PepsiCo finalises nearly $2bn deal to acquire Poppi

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.

Mergers & Acquisitions
Chobani acquires plant-based frozen smoothies and meals start-up Daily Harvest

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.

Mergers & Acquisitions
Verde Valle Foods acquires A Dozen Cousins

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.

Mergers & Acquisitions
Greencore and Bakkavor agree on terms of acquisition to create £4bn convenience food business

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.

Mergers & Acquisitions
Newlat agrees to acquire Diageo’s production facility in Italy

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.

Packaging
Darling Ingredients and Tessenderlo Group to launch joint venture in collagen sector

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.

Mergers & Acquisitions
Danone to buy majority stake in plant-based nutrition brand Kate Farms

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.

Mergers & Acquisitions
JDE Peet’s sells Turkish tea unit, halts L’or barista rollout in US

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...

Mergers & Acquisitions
ABF confirms merger talks between Allied Bakeries and Hovis owner, Endless

ABF confirms merger talks between Allied Bakeries and Hovis owner, Endless

Associated British Foods (ABF) has confirmed it is in discussions with private equity firm Endless LLP regarding a potential merger that could bring Kingsmill and Hovis, under the same ownership.

Mergers & Acquisitions
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