The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
INVL to purchase buckwheat producer Galinta Group
Private equity firm INVL Baltic Sea Growth Fund has signed an agreement to acquire the entire shareholding of Galinta Group.
Asda completes £2bn EG Group acquisition
Asda Group has announced that it has completed the acquisition of EG Group’s UK business for an enterprise value of £2.07bn.
Costa Group agrees to AUD 1.5bn takeover offer - Reuters
According to Reuters, Costa Group has agreed to a takeover by private equity firm Paine Schwartz Partners, in a deal valuing AUD 1.50bn (approx. $962.6m).
Serious Sweets Company acquires Nom Bites
The Serious Sweets Company (SSC) has acquired Nom Bites, along with its Lexi's line of marshmallow and protein bars, for an undisclosed sum.
Britvic announces acquisition of Jimmy’s Iced Coffee
Beverage giant Britvic has announced the acquisition of UK-based ready-to-drink iced coffee brand Jimmy’s Iced Coffee.
Ferrara to acquire Brazilian sweets and snacks company Dori Alimentos
Ferrara Candy Company, a US sweets manufacturer owned by Ferrero Group, has agreed to acquire Dori Alimentos for an undisclosed sum.
Britvic and Carlsberg sign power purchase agreements
This week, beverage giants Britvic and Carlsberg both announced they had entered into renewable power purchase agreements.
Emmi to sell German organic dairy division Gläserne Molkerei
Emmi plans to sell Gläserne Molkerei, a German organic dairy producer, to private equity firm Mutares, for an undisclosed sum.
Heineken Netherlands acquires Oedipus Brewing
Heineken Netherlands has announced that it has acquired beer brewer Oedipus Brewing for an undisclosed sum, after it purchased a minority stake in 2019.
Unilever to acquire frozen Greek yogurt brand Yasso
Unilever has announced that it has entered into an agreement to acquire US-based premium frozen Greek yogurt brand, Yasso.
Zensho acquires Snowfox for $621m
Japanese food service company Zensho Holdings has acquired local food business The Snowfox Group for $621m from Mayfair Equity Partners.
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