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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
Tirlán seeks voluntary redundancies, putting 150 jobs at risk

Tirlán seeks voluntary redundancies, putting 150 jobs at risk

Tirlán has announced the launch of a "cost reduction programme" that could lead to approximately 150 voluntary redundancies.

Dairy
KPS to sell packaging firm Eviosys to Sonoco for €3.6bn

KPS to sell packaging firm Eviosys to Sonoco for €3.6bn

KPS Capital Partners has announced today that its portfolio company, Eviosys, will be sold to Sonoco Products Company for €3.615bn.

Packaging
Bunge to sell ownership share in Brazilian sugar and bioenergy business

Bunge to sell ownership share in Brazilian sugar and bioenergy business

Bunge has entered into definitive agreements to sell its 50% share in BP Bunge Bioenergia to BP, its joint venture partner.

Mergers & Acquisitions
Supreme expands beverage footprint with £15m acquisition of Clearly Drinks

Supreme expands beverage footprint with £15m acquisition of Clearly Drinks

Supreme has acquired Clearly Drinks, a manufacturer of canned and bottled spring water and soft drinks, in a £15 million deal.

Mergers & Acquisitions
Idilia Foods buys majority stake in dairy drinks maker Cacaolat

Idilia Foods buys majority stake in dairy drinks maker Cacaolat

Spanish food business Idilia Foods has acquired 50% of dairy drinks maker Cacaolat from beer company Damm.

Dairy
Britvic rejects $3.9bn takeover bid from Carlsberg

Britvic rejects $3.9bn takeover bid from Carlsberg

UK soft drink manufacturer Britvic has rejected a $3.95 billion takeover bid from Danish brewer Carlsberg.

Mergers & Acquisitions
Ortec acquires Englobe Corp’s waste treatment activities in North America, UK and France

Ortec acquires Englobe Corp’s waste treatment activities in North America, UK and France

Ortec acquires Englobe Corp’s waste treatment activities in North America, UK and France.

Mergers & Acquisitions
Tate & Lyle to acquire CP Kelco in $1.8bn deal, creating global speciality ingredients powerhouse

Tate & Lyle to acquire CP Kelco in $1.8bn deal, creating global speciality ingredients powerhouse

Tate & Lyle has announced a proposed combination with CP Kelco, a producer of pectin, speciality gums and other natural ingredients.

Mergers & Acquisitions
Kirin announces JPY 220bn Fancl takeover bid

Kirin announces JPY 220bn Fancl takeover bid

Kirin Holdings has announced plans to acquire full ownership of Japanese cosmetics and food supplement company Fancl.

Mergers & Acquisitions
Bidcorp UK purchases Northern Bloc’s assets

Bidcorp UK purchases Northern Bloc’s assets

Bidcorp UK has acquired the assets of British ice cream manufacturer Northern Bloc for an undisclosed sum.

Mergers & Acquisitions
Diageo divests majority stake in Guinness Nigeria to Tolaram

Diageo divests majority stake in Guinness Nigeria to Tolaram

Diageo has announced Tolaram is set to acquire a 58.02% stake in Guinness Nigeria for a share price of NGN 81.60 (approx. $0.05) per share.

Alcohol
DSM-Firmenich offloads yeast business to Lesaffre

DSM-Firmenich offloads yeast business to Lesaffre

DSM-Firmenich has agreed to sell its yeast extract business, Yeast Extracts, to fermentation and microorganism specialist Lesaffre.

Mergers & Acquisitions
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