The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Alpla expands with acquisition of Serbia’s Energoplast closure operations
Global packaging company Alpla Group has strengthened its presence in south-east Europe through the acquisition of the closure production operations of Serbian manufacturer Energoplast.
Princes Group valued at £1.16bn as it joins London Stock Exchange
Princes Group has priced its initial public offering (IPO) at 475 pence per share, valuing the business at approximately £1.16 billion as it joins the main market of the London Stock Exchange (LSE).
Fonterra farmers approve $4.22bn sale of Mainland Group to Lactalis
Fonterra’s farmer shareholders have approved the sale of its consumer and associated businesses, known as the Mainland Group, to dairy giant Lactalis for $4.22bn.
Fresh Del Monte and Church Brothers Farms align in packaging deal
Fresh produce companies, Fresh Del Monte and Church Brothers Farms, have announced a strategic agreement involving the sale and transfer of key assets from Fresh Del Monte’s Mann Packing business.
Brownes Dairy expands into the UK with Hunt and Brew cold brew facility
Cold brew coffee brand Hunt and Brew has become the first Australian dairy company to establish manufacturing operations in the UK.
Keurig Dr Pepper receives $7bn investment to support business split and JDE Peet’s deal
Keurig Dr Pepper has received a $7 billion strategic investment, co-led by Apollo and KKR, to support its acquisition of JDE Peet’s alongside its split into two distinct businesses.
Greencore-Bakkavor merger faces antitrust scrutiny in the UK
The CMA indicated the merger could reduce competition in the supply of own-label chilled sauces, positioning the combined entity as one of the largest UK suppliers.
B&G Foods divests Green Giant brand in Canada to Nortera Foods
B&G Foods has announced the sale of its Green Giant and Le Sieur frozen and shelf-stable vegetable product lines in Canada to Nortera Foods.
European Commission approves FrieslandCampina and Milcobel merger
The European Commission has given the green light to the proposed merger between FrieslandCampina and Milcobel, concluding that the deal will not significantly impede competition across key dairy markets in Europe.
Unilever confirms ice cream unit demerger on track for completion by end of 2025
Unilever has reaffirmed plans to complete the demerger of its Magnum Ice Cream Company by the end of 2025, despite a delay linked to the ongoing US federal government shutdown.
Froneri to acquire Food Union’s European ice cream business
Froneri has announced plans to acquire the European ice cream operations of Food Union, expanding its footprint across Northern and Eastern Europe.
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