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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
Kirin Holdings to sell stake in Myanmar Brewery for JPY 22.4bn

Kirin Holdings to sell stake in Myanmar Brewery for JPY 22.4bn

Kirin Holdings has agreed to sell its 51% stake in Myanmar Brewery back to the joint venture for JPY 22.4bn ($165.4m approx.).

Mergers & Acquisitions
Unilever sells Ben & Jerry's ice cream business in Israel

Unilever sells Ben & Jerry's ice cream business in Israel

Unilever has sold off its Ben & Jerry's business in Israel to Avi Zinger, the owner of American Quality Products, the brand's current Israel-based licensee.

Mergers & Acquisitions
Nestlé Health Science to buy The Better Health Company

Nestlé Health Science to buy The Better Health Company

Nestlé Health Science has agreed to buy The Better Health Company, owner of Go Healthy and Egmont, from CDH Investments and founding shareholders.

Food
Heineken to take control of Long Chuan Zuan Co brewery

Heineken to take control of Long Chuan Zuan Co brewery

Heineken has entered into an agreement with Sanyo Whisbih Group to take over majority ownership of the Long Chuan Zuan Co brewery in Taiwan.

Business
Russian cheesemaker permitted to purchase PepsiCo's Wimm-Bill-Dann Beverages

Russian cheesemaker permitted to purchase PepsiCo's Wimm-Bill-Dann Beverages

The Federal Antimonopoly Service (FAS) of Russia has permitted cheesemaker Multipro TC to acquire PepsiCo-owned entity Wimm-Bill-Dann Beverages.

Mergers & Acquisitions
Mondelēz to purchase Grupo Bimbo’s Ricolino confectionery business

Mondelēz to purchase Grupo Bimbo’s Ricolino confectionery business

Mondelēz International has entered into an agreement to acquire Grupo Bimbo’s confectionery business, Ricolino, for approximately $1.3bn.

Food
Weetabix Food Company buys Űfit maker Lacka Foods

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.

Food
Kerry acquires botanical extract supplier Natreon

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.

Food
Tate & Lyle to acquire Quantum Hi-Tech for $237m

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.

Food
Diageo agrees sale of Windsor whisky business to Bayside/Metis

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).

Mergers & Acquisitions
United Spirits to buy minority stake in Nao Spirits

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.

Food
JBS scraps plans to purchase remaining shares in Pilgrim's Pride -<i>Reuters</i>

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.

Mergers & Acquisitions
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