The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Unilever exits Russia with sale of subsidiary to Arnest Group
Unilever has announced the sale of its Russian subsidiary, Unilever Russia, to Arnest Group.
Mondi invests €95m to enhance efficiency and sustainability at Świecie mill
Sustainable packaging company Mondi has invested €95m to boost efficiency and sustainability at its Świecie containerboard mill in Poland.
Natra adds Belgian chocolate maker Gudrun to its portfolio
Natra, a player in the European chocolate market, has acquired Gudrun, a well-established manufacturer of Belgian chocolates and truffles.
Mergers and acquisitions: 2024’s biggest food and beverage deals
Using data provided by Houlihan Lokey, FoodBev Media's Siân Yates examines these transactions and the broader market implications.
Mondi expands footprint with €634m Schumacher Packaging acquisition
Mondi has entered into an agreement to acquire the German, Benelux and UK corrugated converting and solid board operations of Schumacher.
Entrepreneur and billionaire John Paul DeJoria acquires Waterloo Gin
American entrepreneur and billionaire John Paul DeJoria has acquired Waterloo Gin, the first gin brand distilled in Texas.
Almarai to acquire Jordan’s Hammoudeh Food Industries in SAR 263m deal
Almarai has signed an agreement to acquire 100% of Hammoudeh Food Industries through its subsidiary for SAR 263m (approx $70m).
Prairie Farms Dairy acquires Ohio-based dairy firm SmithFoods
Illinois, US-based dairy company Prairie Farms Dairy has acquired SmithFoods for an undisclosed sum.
Butterfly Equity to acquire The Duckhorn Portfolio for $1.95bn
Butterfly Equity has announced a definitive agreement to acquire The Duckhorn Portfolio, a luxury wine producer., in a $1.95 billion deal.
Lesaffre secures majority stake in Biorigin to strengthen its savoury ingredient solutions
French yeast manufacturer Lesaffre has acquired a majority stake in Biorigin, a business unit of Zulior.
Mérieux NutriSciences to acquire Bureau Veritas’ food testing business
Mérieux NutriSciences has entered into an agreement to acquire the food testing business of Bureau Veritas for €360 million.
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