The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Cargill purchases ProPortion Foods
Cargill has acquired ProPortion Foods, a US manufacturer of meat products including portion control steaks and marinated ready-to-grill meats.
Westfalia Fruit to purchase Hausladen Fruchthandel
Westfalia Fruit, a fruit supplier specialising in avocados, has agreed to acquire a controlling stake in German fruit supplier Hausladen Fruchthandel.
Seafood processor Vinh Hoan takes stake in cell-based fish firm Avant
Vietnamese seafood processor Vinh Hoan Corporation (VHC) has announced a strategic investment in Hong Kong-based cultivated fish start-up Avant Meats.
MGP Ingredients announces merger agreement with Luxco
MGP Ingredients has agreed to acquire US alcohol producer and marketer Luxco and its affiliated companies in a $475m deal.
Lonza to offload two sites in softgel market exit
Swiss ingredients company Lonza has agreed to sell two lipid oral dosage facilities to NextPharma, as it looks to exit the softgel market.
Danone to focus on value after Bluebell demands CEO replacement
A report has revealed that activist fund Bluebell Capital Partners has bought a stake in Danone and is pushing for governance changes.
Agthia enters halal processed protein sector with Nabil Foods acquisition
UAE-based Agthia Group has acquired a majority stake in Nabil Foods, a regional producer of frozen and chilled processed protein products.
Barilla acquires fresh pasta recipe box firm Pasta Evangelists
Barilla has purchased a majority stake in Pasta Evangelists, a UK company which delivers fresh pasta recipe boxes direct-to-consumers.
Zico Coconut Water founder takes back brand from Coca-Cola
Coca-Cola has sold its Zico Coconut Water brand to PowerPlant Ventures, just months after it revealed plans to discontinue the drink.
SCG Packaging completes purchase of Go-Pak UK
Thailand-based SCG Packaging has closed its acquisition of UK foodservice packaging solution provider, Go-Pak, initiating a first payment of £77.5m.
Orkla subsidiary acquires sports nutrition brand Proteinfabrikken
Orkla Care's Health and Sports Nutrition Group subsidiary has acquired Norwegian sports nutrition brand Proteinfabrikken for an undisclosed sum.
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