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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
INVL to purchase buckwheat producer Galinta Group

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.

Business
Asda completes £2bn EG Group acquisition

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.

Retail
Costa Group agrees to AUD 1.5bn takeover offer - Reuters

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).

Finance
Serious Sweets Company acquires Nom Bites

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.

Snacks
Britvic announces acquisition of Jimmy’s Iced Coffee

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.

Mergers & Acquisitions
Ferrara to acquire Brazilian sweets and snacks company Dori Alimentos

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.

Confectionery
Britvic and Carlsberg sign power purchase agreements

Britvic and Carlsberg sign power purchase agreements

This week, beverage giants Britvic and Carlsberg both announced they had entered into renewable power purchase agreements.

Beverage
Emmi to sell German organic dairy division Gläserne Molkerei

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.

Dairy
Heineken Netherlands acquires Oedipus Brewing

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.

Beverage
Unilever to acquire frozen Greek yogurt brand Yasso

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.

Mergers & Acquisitions
Zensho acquires Snowfox for $621m

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.

Foodservice
Deliverect expands digital food ordering solutions with ChatFood acquisition

Deliverect expands digital food ordering solutions with ChatFood acquisition

Food tech scale-up Deliverect has acquired Dubai-based mobile ordering and marketing solutions provider for hospitality brands, ChatFood.

Foodservice
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