The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Lucas Bols and De Kuyper to sell Avandis to Refresco for €25m
Lucas Bols and De Kuyper Royal Distillers have entered into an agreement to sell their alcoholic beverage business Avandis to Refresco for €25m.
TricorBraun to buy German glass packaging distributor Gläser & Flaschen
TricorBraun has signed an agreement to acquire German glass packaging distributor, Gläser & Flaschen, for an undisclosed amount.
Orkla Food Ingredients acquires majority stake in Denali Ingredients
Orkla Food Ingredients has entered into an agreement to buy 84% of the shares in US ice cream ingredients business, Denali Ingredients.
Brown-Forman to purchase Diplomático Rum brand
Brown-Forman has entered into an agreement to purchase the Diplomático Rum brand and related assets from Destillers United Group.
Asahi acquires Australian adult soft drinks brand StrangeLove
Asahi Beverages has announced the acquisition of Australia-based adult soft drinks brand, StrangeLove, for an undisclosed sum.
Hilmar Cheese breaks ground on $600m Kansas facility
Hilmar Cheese Company has announced it has broken ground on a $600m cheese and whey protein processing plant in Dodge City, Kansas.
Epigamia raises INR 350m in debt funding
Indian yogurt brand Epigamia has raised debt funding of INR 350m (approx. $4.3m) from Grand Anicut Fund.
HKScan CEO Tero Hemmilä steps down
HKScan Corporation has announced that its chief executive officer, Tero Hemmilä, will step down from his position, effective immediately.
Lamipak to invest over $400m in site expansion
Lamipak is investing over $400 million to expand its facility in Kunshan, China to help the company meet growing demand for aseptic packaging.
Bubs Australia enters agreement for goat milk infant formula in China
Bubs Australia has entered into a binding agreement with Heilongjiang Ubeite Dairy Group to produce and distribute its goat milk infant formula in China.
Lactalis Canada adds Khaas yogurt brand to portfolio
Lactalis has introduced a new speciality yogurt brand, called Khaas, in a move to strengthen its position in the ethnic yogurt category.
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