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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
Hain Celestial offloads Thinsters to J&J Snack Foods

Hain Celestial offloads Thinsters to J&J Snack Foods

Hain Celestial has completed the sale of its Thinsters cookie business to US food group J&J Snack Foods for an undisclosed sum.

Snacks
Frescatto and Prime Seafood merge to create $320m business

Frescatto and Prime Seafood merge to create $320m business

Brazilian seafood companies the Frescatto Company and Prime Seafood are set to merge, creating a business with a combined turnover of more than $300m.

Mergers & Acquisitions
Cal-Maine Foods completes acquisition of Tyson Foods’ assets

Cal-Maine Foods completes acquisition of Tyson Foods’ assets

Cal-Maine Foods has completed its acquisition of various assets from Tyson Foods. FoodBev first reported the sale in January this year.

Mergers & Acquisitions
Campbell Soup completes $2.7bn Sovos acquisition

Campbell Soup completes $2.7bn Sovos acquisition

Campbell Soup Company has this week completed the acquisition of Sovos Brands for $23 per share in an all-cash transaction.

Mergers & Acquisitions
Brita expands portfolio with acquisition of hydration innovator Larq

Brita expands portfolio with acquisition of hydration innovator Larq

Germany-based water filtration specialist, Brita, has announced its acquisition of Larq, an innovative hydration company based in North America.

Mergers & Acquisitions
Nestlé to sell Nordic premium culinary brands to Solina

Nestlé to sell Nordic premium culinary brands to Solina

Nestlé has entered into an agreement to sell its Nordic premium culinary business, which includes the brands Oscar and Puljonki, to Solina.

Business
Asahi acquires Octopi Brewing to begin beer production in US

Asahi acquires Octopi Brewing to begin beer production in US

Asahi Europe & International (AEI), the global division of Asahi Group, has acquired US contract brewer Octopi Brewing for an undisclosed sum.

Alcohol
INVL to purchase buckwheat producer Galinta Group

INVL to purchase buckwheat producer Galinta Group

Private equity firm INVL Baltic Sea Growth Fund has signed an agreement to acquire the entire shareholding of Galinta Group.

Business
Asda completes £2bn EG Group acquisition

Asda completes £2bn EG Group acquisition

Asda Group has announced that it has completed the acquisition of EG Group’s UK business for an enterprise value of £2.07bn.

Retail
Costa Group agrees to AUD 1.5bn takeover offer - Reuters

Costa Group agrees to AUD 1.5bn takeover offer - Reuters

According to Reuters, Costa Group has agreed to a takeover by private equity firm Paine Schwartz Partners, in a deal valuing AUD 1.50bn (approx. $962.6m).

Finance
Serious Sweets Company acquires Nom Bites

Serious Sweets Company acquires Nom Bites

The Serious Sweets Company (SSC) has acquired Nom Bites, along with its Lexi's line of marshmallow and protein bars, for an undisclosed sum.

Snacks
Britvic announces acquisition of Jimmy’s Iced Coffee

Britvic announces acquisition of Jimmy’s Iced Coffee

Beverage giant Britvic has announced the acquisition of UK-based ready-to-drink iced coffee brand Jimmy’s Iced Coffee.

Mergers & Acquisitions
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