The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
French competition authority approves major agri-food mergers
France’s competition authority cleared Greenyard–Eureden JV and the merger of cooperatives Terres du Sud and Vivadour.
Dutch butter and dough producers merge to form Royal Van Ballegooijen Foods
Dutch butter and dough producers Royal VIVBuisman and Van der Pol have formally merged to create Royal Van Ballegooijen Foods (Royal VBF), bringing more than 150 years of combined craftsmanship under a single company structure.
Alt-seafood association Future Ocean Foods seeks buyer to accelerate organisation
Future Ocean Foods, a trade association dedicated to the global alternative seafood industry, has announced it is seeking acquisition.
Butterfly Equity acquires digital flexible packaging firm ePac
Butterfly Equity has completed the acquisition of ePac Flexible Packaging, a producer of digitally printed flexible packaging, from an investor consortium that included Amcor and Indevco North America.
Del Monte Foods selects buyers for core businesses following court-supervised auction
Del Monte Foods has selected three successful bidders for substantially all of its assets following a court-supervised auction process, setting the stage for the transition of its major business segments to new ownership.
MPearlRock acquires The Good Crisp Company to expand clean label salty snack portfolio
US investment firm MPearlRock has acquired The Good Crisp Company, a fast-growing, clean label salty snack brand known for reimagining classic snack formats with better-for-you attributes.
KDP’s $18bn JDE Peet’s bid signals new phase of consolidation in global coffee
Keurig Dr Pepper’s $18 billion bid for JDE Peet’s signals rapid coffee consolidation as record bean prices and supply shocks squeeze margins.
Coca-Cola abandons Costa Coffee sale - Financial Times reports
According to reports, Coca-Cola has halted its plans to sell Costa Coffee, the UK-based coffee chain that it acquired for $5.1 billion back in 2018.
Cottage cheese brand Good Culture secures investment from L Catterton
L Catterton has announced the acquisition of Good Culture, a rapidly growing cottage cheese brand, in a deal valued at more than $500 million.
The Compleat Food Group completes Greencore sauces and soups acquisition; appoints new UK managing director
The Compleat Food Group has completed the acquisition of Greencore’s sauces and soups business in Bristol, UK, following approval from the Competition and Markets Authority.
Kenya High Court allows regulatory steps to continue in Diageo-Asahi EABL deal
Kenya’s High Court has allowed regulatory reviews to proceed for Diageo’s $2.3 billion sale of its majority stake in East African Breweries Limited (EABL) to Asahi Group Holdings.
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