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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
Newlat resumes acquisition pursuit of Princes Group for £700m

Newlat resumes acquisition pursuit of Princes Group for £700m

Italian agro-food group Newlat Food has reignited its intention to acquire UK-based Princes Group from Mitsubishi Corporation.

Mergers & Acquisitions
KPS to acquire Tate & Lyle’s ownership interest in Primient

KPS to acquire Tate & Lyle’s ownership interest in Primient

KPS Capital Partners has entered into a definitive purchase agreement to acquire Tate & Lyle’s remaining ownership interest of 49.7% in Primient for $350m.

Mergers & Acquisitions
Fonterra to exit consumer-facing business to focus on ingredients

Fonterra to exit consumer-facing business to focus on ingredients

Fonterra has announced a step-change in its strategic direction, as it strengthens its commitments to developing high-value dairy ingredients.

Dairy
Uber to acquire Delivery Hero's Foodpanda business in Taiwan for $950m

Uber to acquire Delivery Hero's Foodpanda business in Taiwan for $950m

Uber Technologies has announced the acquisition of Delivery Hero SE's foodpanda delivery business in Taiwan for $950m in cash.

Mergers & Acquisitions
Constellation Brands to purchase California winery Sea Smoke

Constellation Brands to purchase California winery Sea Smoke

Constellation Brands has agreed to purchase US winery Sea Smoke to bolster the company's focus on high-end wines and portfolio growth strategy.

Mergers & Acquisitions
Our Home acquires cheese snack manufacturer Sonoma Creamery

Our Home acquires cheese snack manufacturer Sonoma Creamery

Better-for-you snack platform Our Home has announced the successful acquisition of Sonoma Creamery, for an undisclosed sum.

Dairy
Coperion announces rebranding of Schenck Process FPM following acquisition

Coperion announces rebranding of Schenck Process FPM following acquisition

Schenck Process Food and Performance Materials will officially adopt the name and brand of its parent company, Coperion, effective 1 August 2024.

Business
Danone expands portfolio with acquisition of Functional Formularies

Danone expands portfolio with acquisition of Functional Formularies

Danone has acquired Functional Formularies, a provider of organic, wholefood enteral feeding formulas, from Swander Pace Capital.

Mergers & Acquisitions
Opinion: It’s not you, it’s me – How F&B firms can thrive after the divestment ‘breakup’

Opinion: It’s not you, it’s me – How F&B firms can thrive after the divestment ‘breakup’

Laura Magee, associate partner at operations transformation consultancy Argon & Co, reflects on the recent flurry of spin-offs in the...

Mergers & Acquisitions
Ackley Brands acquires two wineries from E&J Gallo

Ackley Brands acquires two wineries from E&J Gallo

Ackley Brands has announced the acquisition of Columbia Winery and Hogue Cellars from E&J Gallo.

Mergers & Acquisitions
Emmi acquires majority stake in Brazil dairy giant Verde Campo

Emmi acquires majority stake in Brazil dairy giant Verde Campo

Through its Brazilian ‘subsidiary’ Laticínios Porto Alegre, Emmi Group has acquired a majority shareholding in Verde Campo from Coca-Cola.

Mergers & Acquisitions
McCain Foods completes acquisition of Strong Roots

McCain Foods completes acquisition of Strong Roots

McCain Foods has completed the acquisition of Irish plant-based frozen food manufacturer Strong Roots, for an undisclosed sum.

Mergers & Acquisitions
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