The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Intersnack to take Utz Brands private in $2.9bn deal
German snack manufacturer Intersnack Group has agreed to acquire US salty snacks producer Utz Brands in a transaction valuing the business at approximately $2.9 billion.
CMA opens review of proposed merger between McCormick and Unilever
The UK Competition and Markets Authority (CMA) has opened an initial review into McCormick and Company’s proposed acquisition of Unilever’s food business.
Royal A-ware acquires 35% stake in goat dairy producer Amalthea
Royal A-ware has agreed to acquire a 35% stake in Amalthea, a producer of goat’s cheese, other goat dairy products and organic cow’s cheese.
SuanNutra acquires IFF's speciality natural ingredients businesses
SuanNutra, a Carbyne Equity Partners company, has agreed to acquire a portfolio of natural ingredients businesses from IFF.
Agropur to sell fine cheese business to Lactalis as part of strategic refocus
Canadian dairy cooperative Agropur has agreed to sell its fine cheese business to Lactalis.
Heineken Costa Rica agrees to acquire RainForest Water
Heineken Costa Rica has signed an agreement to acquire RainForest Water, a Costa Rican premium artesian water brand, through its subsidiary Distribuidora La Florida.
Coca-Cola HBC’s CCBA acquisition cleared by South African competition regulator
The South African Competition Commission has recommended approval of Coca-Cola HBC AG’s proposed acquisition of Coca-Cola Beverages Africa.
Apheon acquires newly formed frozen snacks group Alma to drive European expansion
Apheon has agreed to acquire Alma, a newly formed French frozen snacks group.
Atelier Expressions acquires majority stake in luxury Indian confectionery brand Khoya
Atelier Expressions, the premium lifestyle investment platform of TVS VENU, has agreed to acquire a majority stake in New Delhi-based luxury mithai producer Khoya.
Inghams invests in food tech start-up Just Meat Protein to expand value-added protein portfolio
Inghams Group has made a strategic investment in Australian food technology start-up Just Meat Protein.
SalMar agrees €290m acquisition of majority stake in Måsøval
SalMar has agreed to acquire a majority stake in salmon farming company Måsøval.
Nexira expands carob capabilities with Keragum acquisition
French natural ingredients supplier Nexira has acquired Moroccan carob specialist Keragum, strengthening its position in the global market for plant-based texturising ingredients and reinforcing its strategy to secure raw material sourcing closer to origin. The acquisition marks a key milestone in Nexira's Ambitions 2030 growth strategy and expands the company's footprint across the natural hydrocolloids value chain. Financial terms of the transaction were not disclosed. Keragum specialises...
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