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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
Nomad Foods begins negotiations to acquire Fortenova’s frozen food portfolio

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.

Mergers & Acquisitions
Somerdale International buys AFF's blended cheese business

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.

Dairy
Corby Spirit and Wine names Nicolas Krantz as CEO

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.

Mergers & Acquisitions
Mondelēz International to acquire in-store bakery company Give & Go

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.

Mergers & Acquisitions
Wholesaler Musgrave acquires BrewDog distributor Drinks Inc

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.

Business
Mondelēz International acquires majority stake in Perfect Snacks

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.

Mergers & Acquisitions
CP Foods to acquire Canadian pork producer HyLife for $370m

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.

Mergers & Acquisitions
Mondelēz invests in second start-up as part of SnackFutures

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.

Mergers & Acquisitions
Mondelēz buys stake in functional food brand Uplift Food

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.

Funding & Investments
Tine acquires Ilchester Cheese

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.

Mergers & Acquisitions
FrieslandCampina merger two critical steps nearer

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.

Mergers & Acquisitions
Friesland Foods and Campina agree merger details

Friesland Foods and Campina agree merger details

Friesland Foods and Campina have reached agreement on the merger proposal that will create a new dairy company, FrieslandCampina, and a new dairy cooperative, FrieslandCampina.

Mergers & Acquisitions
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