The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Tate & Lyle to acquire CP Kelco in $1.8bn deal, creating global speciality ingredients powerhouse
Tate & Lyle has announced a proposed combination with CP Kelco, a producer of pectin, speciality gums and other natural ingredients.
Kirin announces JPY 220bn Fancl takeover bid
Kirin Holdings has announced plans to acquire full ownership of Japanese cosmetics and food supplement company Fancl.
Bidcorp UK purchases Northern Bloc’s assets
Bidcorp UK has acquired the assets of British ice cream manufacturer Northern Bloc for an undisclosed sum.
Diageo divests majority stake in Guinness Nigeria to Tolaram
Diageo has announced Tolaram is set to acquire a 58.02% stake in Guinness Nigeria for a share price of NGN 81.60 (approx. $0.05) per share.
DSM-Firmenich offloads yeast business to Lesaffre
DSM-Firmenich has agreed to sell its yeast extract business, Yeast Extracts, to fermentation and microorganism specialist Lesaffre.
Slate acquires World Seafood Center in Norway for NOK 1.3bn
Slate has announced the acquisition of the World Seafood Center, a seafood refrigeration and distribution facility, in Gardermoen, Norway.
Easy Ice acquires The Ice Factory
Easy Ice, a US provider of full-service ice machine subscription solutions, has acquired The Ice Factory in Missouri.
TDR Capital becomes majority owner of Asda
Private equity firm TDR Capital has agreed to become the majority owner of British supermarket chain Asda.
Smithfield Foods to acquire dry sausage facility from Cargill
Smithfield Foods has entered into a definitive agreement to purchase a dry sausage production facility in Nashville, Tennesse, from Cargill.
Campbell explores strategic alternatives for Noosa yogurt brand
Campbell Soup Company has confirmed plans to divest its Noosa yogurt business, which it acquired in its recent purchase of Sovos Brands.
Nissin Foods enters Korean snack market with Gaemi Food acquisition
Nissin Foods has acquired Korean snack company Gaemi Food in a move to bolster its presence in the Korean and overseas markets.
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