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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
Unilever exits Russia with sale of subsidiary to Arnest Group

Unilever exits Russia with sale of subsidiary to Arnest Group

Unilever has announced the sale of its Russian subsidiary, Unilever Russia, to Arnest Group.

Business
Mondi invests €95m to enhance efficiency and sustainability at Świecie mill

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.

Packaging
Natra adds Belgian chocolate maker Gudrun to its portfolio

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 & Acquisitions
Mergers and acquisitions: 2024’s biggest food and beverage deals

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.

Mergers & Acquisitions
Mondi expands footprint with €634m Schumacher Packaging acquisition

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.

Packaging
Entrepreneur and billionaire John Paul DeJoria acquires Waterloo Gin

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.

Mergers & Acquisitions
Almarai to acquire Jordan’s Hammoudeh Food Industries in SAR 263m deal

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).

Dairy
Prairie Farms Dairy acquires Ohio-based dairy firm SmithFoods

Prairie Farms Dairy acquires Ohio-based dairy firm SmithFoods

Illinois, US-based dairy company Prairie Farms Dairy has acquired SmithFoods for an undisclosed sum.

Mergers & Acquisitions
Butterfly Equity to acquire The Duckhorn Portfolio for $1.95bn

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.

Mergers & Acquisitions
Lesaffre secures majority stake in Biorigin to strengthen its savoury ingredient solutions

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.

Ingredients
Mérieux NutriSciences to acquire Bureau Veritas’ food testing business

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.

Mergers & Acquisitions
Badia Spices to offload majority stake to investors

Badia Spices to offload majority stake to investors

Hispanic food company Badia Spices has agreed to sell a majority stake to a group of investors.

Mergers & Acquisitions
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