The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
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Mergers & Acquisitions
Global Eggs acquires Hillandale Farms for $1.1bn – Reuters
Global Eggs has agreed to acquire US egg producer Hillandale Farms for $1.1 billion.
PE firms consider €5bn bid for Nestlé water business – Bloomberg
Private equity (PE) firms PAI Partners and Bain Capital are reportedly among buyout firms considering bids for Nestlé's water business,...
Campari sells Australian manufacturing site
Campari Australia has reached an agreement with Garage Beverage Manufacturing for the sale of its manufacturing site in Derrimut, Victoria.
Fresh Del Monte acquires majority stake in Avolio
Fresh Del Monte Produce has announced its acquisition of Avolio, a Ugandan supplier of bulk crude and edible avocado oil.
Greencore increases bid for Bakkavor – Bloomberg
UK convenience food group Greencore has increased its bid for Bakkavor Group, according to reports from Bloomberg.
The Albex Group acquires Cheese Geek’s assets from administration
Scottish food company The Albex Group has acquired Cheese Geek’s assets out of administration for an undisclosed sum.
Bunge sells European margarines and spreads business to Vandemoortele
Bunge Global SA is selling its European margarines and spreads division to Vandemoortele, a leading family-owned European food group.
Woodland Gourmet acquires Sevillo Fine Foods
Woodland Gourmet has announced the acquisition of Sevillo Fine Foods, a creator of chef-inspired ready-to-eat frozen ingredients.
Howler Head Whiskey acquired by Infinium Spirits
Infinium Spirits has announced the acquisition of the Howler Head whiskey brand from Monkey Spirit.
Unilever to divest The Vegetarian Butcher to Vivera
Unilever has today announced a binding agreement to sell its plant-based brand, The Vegetarian Butcher, to Dutch company Vivera.
PepsiCo to acquire prebiotic soda brand Poppi for $1.95bn
PepsiCo has announced a definitive agreement to acquire Poppi, a rapidly growing prebiotic soda brand, for approximately $1.95 billion.
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