The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Brown-Forman rejects Sazerac's $15bn takeover bid – Reuters
Brown-Forman has reportedly rejected a $15 billion takeover offer from privately owned spirits producer Sazerac, despite the proposed bid valuing the Jack Daniel’s maker above its current market price.
TopGum expands US footprint with $35m PL Developments deal
TopGum Industries has completed the acquisition of the US-based gummy manufacturing operations of PL Developments.
Bel snaps up Brainiac owner Ingenuity Foods
Bel is strengthening its position in the better-for-you snacking category through the acquisition of Ingenuity Foods and its Brainiac and Little Brainiac brands.
Colorado Premium acquires Old Hickory Smokehouse to expand smoked protein capabilities
Colorado Premium has acquired Old Hickory Smokehouse, expanding its portfolio of value-added protein products.
Finsbury Food Group buys Flower & White to expand healthier snacking and direct-to-consumer reach
Finsbury Food Group has acquired 100% of Flower & White as part of its push into faster-growing bakery segments.
KKR considering $10bn sale of Flora Food Group, Financial Times reports
According to reporting by the Financial Times, private equity firm KKR is exploring a sale of Flora Food Group, with a potential valuation of up to $10 billion.
Laird Superfood acquires Terrasoul Superfoods in $48m deal to scale functional nutrition platform
Laird Superfood has completed the acquisition of Terrasoul Superfoods for $48 million in cash.
Nestlé divests Ankerkraut stake, returning ownership to founders
Nestlé has agreed to transfer its shares in German spice brand Ankerkraut back to its founders.
Sazerac bids $15bn for Brown-Forman amid Pernod-Ricard merger discussions – Reuters
A potential bidding war over Jack Daniel's producer Brown-Forman is emerging after Sazerac made a $15 billion offer to acquire Brown-Forman, according to Reuters.
Suntory buys Daiichi Sankyo Healthcare in $1.6bn deal
By combining beverage innovation with pharmaceutical-grade expertise, Suntory is positioning itself to compete more aggressively in adjacent categories, including nutraceuticals and functional foods.
Crane NXT completes acquisition of Antares Vision
Crane NXT has completed its acquisition of Antares Vision, marking a strategic expansion of its capabilities in the fast-growing food and beverage traceability sector.
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