The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Weetabix Food Company buys Űfit maker Lacka Foods
Weetabix Food Company has acquired Lacka Foods, owner of the Űfit high-protein RTD shake brand, for an undisclosed amount.
Kerry acquires botanical extract supplier Natreon
Kerry has completed its acquisition of Natreon, a supplier of branded Ayurvedic botanical ingredients based in New Jersey, US.
Tate & Lyle to acquire Quantum Hi-Tech for $237m
Tate & Lyle has signed an agreement to acquire Quantum Hi-Tech, a prebiotic dietary fibre business in China, from ChemPartner Pharmatech for $237m.
Diageo agrees sale of Windsor whisky business to Bayside/Metis
Diageo has agreed to sell its premium Scotch whisky brand, Windsor, to Bayside/Metis for KRW 200 billion (approx. £124 million).
United Spirits to buy minority stake in Nao Spirits
United Spirits (‘Diageo India’) has announced an investment of INR 31.5 crores ($4.12m approx.) to acquire a 22.5% stake in Nao Spirits & Beverages.
JBS scraps plans to purchase remaining shares in Pilgrim's Pride -<i>Reuters</i>
JBS SA has scrapped a proposal to purchase the remaining shares of its US-based subsidiary Pilgrim's Pride, according to Reuters.
Upfield takes stake in egg alternatives producer Oggs
Upfield has taken a minority stake in Alternative Foods London, which operates via its egg alternatives and vegan bakery brand, Oggs.
Lucas Bols completes acquisition of Tequila Partida
Dutch spirits producer Lucas Bols has completed the acquisition of Tequila Partida from the Shansby Trust and Edrington USA.
Nestlé Health Science to buy majority stake in nutrition company Orgain
Nestlé Health Science has agreed to purchase a majority stake in functional nutrition company, Orgain, from founder Andrew Abraham and Butterfly Equity.
Quench purchases Pure Aqua Tech of Michigan
Culligan-owned Quench has acquired drinking water systems provider, Pure Aqua Tech of Michigan, in a move to further expand its footprint.
Benestar Brands announces purchase of 4505 Meats
Salty snacks company Benestar Brands has announced its acquisition of San Francisco-based pork rind producer, 4505 Meats.
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