The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Danone expands portfolio with acquisition of Functional Formularies
Danone has acquired Functional Formularies, a provider of organic, wholefood enteral feeding formulas, from Swander Pace Capital.
Opinion: It’s not you, it’s me – How F&B firms can thrive after the divestment ‘breakup’
Laura Magee, associate partner at operations transformation consultancy Argon & Co, reflects on the recent flurry of spin-offs in the...
Ackley Brands acquires two wineries from E&J Gallo
Ackley Brands has announced the acquisition of Columbia Winery and Hogue Cellars from E&J Gallo.
Emmi acquires majority stake in Brazil dairy giant Verde Campo
Through its Brazilian ‘subsidiary’ Laticínios Porto Alegre, Emmi Group has acquired a majority shareholding in Verde Campo from Coca-Cola.
McCain Foods completes acquisition of Strong Roots
McCain Foods has completed the acquisition of Irish plant-based frozen food manufacturer Strong Roots, for an undisclosed sum.
Hain Celestial offloads Thinsters to J&J Snack Foods
Hain Celestial has completed the sale of its Thinsters cookie business to US food group J&J Snack Foods for an undisclosed sum.
Frescatto and Prime Seafood merge to create $320m business
Brazilian seafood companies the Frescatto Company and Prime Seafood are set to merge, creating a business with a combined turnover of more than $300m.
Cal-Maine Foods completes acquisition of Tyson Foods’ assets
Cal-Maine Foods has completed its acquisition of various assets from Tyson Foods. FoodBev first reported the sale in January this year.
Campbell Soup completes $2.7bn Sovos acquisition
Campbell Soup Company has this week completed the acquisition of Sovos Brands for $23 per share in an all-cash transaction.
Brita expands portfolio with acquisition of hydration innovator Larq
Germany-based water filtration specialist, Brita, has announced its acquisition of Larq, an innovative hydration company based in North America.
Nestlé to sell Nordic premium culinary brands to Solina
Nestlé has entered into an agreement to sell its Nordic premium culinary business, which includes the brands Oscar and Puljonki, to Solina.
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