The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Nomad Foods begins negotiations to acquire Fortenova’s frozen food portfolio
UK-based Nomad Foods has entered into exclusive negotiations with Fortenova Group to acquire its frozen food business portfolio.
Somerdale International buys AFF's blended cheese business
British dairy exporter Somerdale International has acquired the blended cheese business of Abergavenny Fine Foods for an undisclosed sum.
Corby Spirit and Wine names Nicolas Krantz as CEO
Corby Spirit and Wine has announced the retirement of president and CEO Patrick O'Driscoll and named Nicolas Krantz as his successor, effective 1 July 2020.
Mondelēz International to acquire in-store bakery company Give & Go
Mondelēz International has reached an agreement to acquire a majority interest in Give & Go, a North American sweet baked goods company, in a move to broaden its position in snacking.
Wholesaler Musgrave acquires BrewDog distributor Drinks Inc
Irish food wholesaler Musgrave has agreed to acquire Drink Inc for an undisclosed sum, in a move that will strengthen its market offering portfolio.
Mondelēz International acquires majority stake in Perfect Snacks
Mondelēz International has secured a deal to acquire a majority interest in Perfect Snacks, a US maker of refrigerated nutrition bars.
CP Foods to acquire Canadian pork producer HyLife for $370m
Charoen Pokphand Foods (CP Foods) is to acquire Canadian pork producer HyLife Investments for $370m, expanding its presence in North America.
Mondelēz invests in second start-up as part of SnackFutures
Mondelēz International has made its second investment as part of the SnackFutures programme it launched last year – this time investing in snack platform Hu.
Mondelēz buys stake in functional food brand Uplift Food
Mondelēz International has bought a minority stake in Uplift Food, an early-stage start-up that produces prebiotic functional food supplements.
Tine acquires Ilchester Cheese
Norwegian Dairy Cooperative Tine has acquired UK cheese maker Ilchester Cheese, which becomes part of Norseland, Tine’s wholly owned subsidiary in the UK.
FrieslandCampina merger two critical steps nearer
Two important meetings have taken the Friesland Foods-Campina merger to completion, subject to a decision by the European Commission.
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