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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
Lifeway Foods rejects revised takeover offer from Danone

Lifeway Foods rejects revised takeover offer from Danone

Lifeway Foods has rejected Danone’s latest offer of $27 per share to buy the remaining 76.7% stake in the business.

Dairy
PepsiCo to take full ownership of Sabra and Obela for ILS 900m

PepsiCo to take full ownership of Sabra and Obela for ILS 900m

PepsiCo has agreed to acquire the remaining 50% interest in Sabra Dipping Company and PepsiCo-Strauss Fresh Dips & Spreads International.

Business
Arla Foods Ingredients completes acquisition of Volac’s Whey Nutrition business

Arla Foods Ingredients completes acquisition of Volac’s Whey Nutrition business

Arla Foods Ingredients has completed the acquisition of Volac’s Whey Nutrition business, following approval from the UK’s CMA.

Dairy
Tate & Lyle completes $1.8bn acquisition of CP Kelco

Tate & Lyle completes $1.8bn acquisition of CP Kelco

Tate & Lyle has completed the $1.8 billion acquisition of CP Kelco from JM Huber Corporation.

Mergers & Acquisitions
Fonterra proceeds with divestment of consumer businesses to focus on ingredients

Fonterra proceeds with divestment of consumer businesses to focus on ingredients

Fonterra will move forward with the sale of its global consumer business, alongside its integrated operations in Oceania and Sri Lanka.

Dairy
Campbell Soup offloads yogurt brand Noosa to Lakeview Farms

Campbell Soup offloads yogurt brand Noosa to Lakeview Farms

Lakeview Farms has entered into an agreement to acquire the Noosa Yoghurt brand from Campbell Soup Company.

Dairy
Hershey buys Sour Strips, expands sweets portfolio

Hershey buys Sour Strips, expands sweets portfolio

The Hershey Company has acquired Sour Strips, a fast-growing sour candy brand founded in the US in 2019.

Confectionery
Wonder acquires Grubhub from Just Eat Takeaway for $650m

Wonder acquires Grubhub from Just Eat Takeaway for $650m

Wonder, a US food delivery platform, has announced the acquisition of Grubhub from Just Eat Takeaway for $650 million.

Mergers & Acquisitions
Kerry Group divests dairy operations to focus on taste and nutrition

Kerry Group divests dairy operations to focus on taste and nutrition

Kerry Group has entered into an agreement to sell Kerry Dairy Holdings Limited to Kerry Co-Operative Creameries Limited for €500m.

Mergers & Acquisitions
Nissin Foods expands footprint in Australia with new joint venture

Nissin Foods expands footprint in Australia with new joint venture

Nissin Foods Company has announced a new joint venture with Nissin Asia to establish a new food trading company in Australia

Mergers & Acquisitions
1440 Foods acquires FitCrunch, names new CEO

1440 Foods acquires FitCrunch, names new CEO

1440 Foods has boosted its portfolio of sports and active nutrition brands with the acquisition of protein bar brand FitCrunch.

Mergers & Acquisitions
KP Snacks adds UK’s Whole Earth Foods to portfolio

KP Snacks adds UK’s Whole Earth Foods to portfolio

Intersnack Group’s KP Snacks has reached an agreement to acquire Whole Earth Foods from the Ecotone group.

Mergers & Acquisitions
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