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Acquisition
Fonterra secures farmer backing for capital return linked to mainland divestment

Fonterra secures farmer backing for capital return linked to mainland divestment

Farmer shareholders of dairy co-op Fonterra have overwhelmingly approved a capital return plan tied to the proposed sale of its global consumer business.

KDP adds Alphabet finance chief and Constellation CEO to board ahead of JDE Peet’s deal

KDP adds Alphabet finance chief and Constellation CEO to board ahead of JDE Peet’s deal

KDP has appointed two new independent directors as it moves closer to completing its acquisition of JDE Peet’s and prepares to separate into two standalone businesses.

Kingswood Capital to acquire Coveris paper packaging unit in carve-out deal

Kingswood Capital to acquire Coveris paper packaging unit in carve-out deal

Kingswood Capital to acquire Coveris’ paper packaging unit as the European group focuses on flexible plastics and sustainability-driven assets.

DSM-Firmenich to sell animal nutrition unit to CVC for €2.2bn, sharpens focus on food, health and beauty

DSM-Firmenich to sell animal nutrition unit to CVC for €2.2bn, sharpens focus on food, health and beauty

DSM-Firmenich has agreed to sell its Animal Nutrition & Health business to private equity firm CVC Capital Partners for an enterprise value of around €2.2bn.

Carlsberg to exit Tibet joint venture, selling stake in Lhasa Brewery

Carlsberg to exit Tibet joint venture, selling stake in Lhasa Brewery

Carlsberg has agreed to sell its 50% non-controlling stake in Lhasa Brewery to its local joint venture partner, Tibet Development.

Marzetti to acquire Bachan’s Japanese barbecue sauce brand for $400m

Marzetti to acquire Bachan’s Japanese barbecue sauce brand for $400m

The Marzetti Company has agreed to acquire Japanese barbecue sauce brand Bachan’s in a deal valued at $400 million.

AG Barr buys Fentimans and Frobishers for £50m as it doubles down on premium soft drinks

AG Barr buys Fentimans and Frobishers for £50m as it doubles down on premium soft drinks

British soft drinks maker AG Barr has agreed to acquire premium mixer brand Fentimans and juice producer Frobishers in deals worth more than £50 million.

Tofoo Co acquires German organic seitan specialist Topas

Tofoo Co acquires German organic seitan specialist Topas

UK organic tofu brand The Tofoo Co Ltd has agreed to acquire Topas, the German-based manufacturer behind the Wheaty brand.

FoodChain ID expands Brazil footprint with Sbcert acquisition

FoodChain ID expands Brazil footprint with Sbcert acquisition

Food safety group FoodChain ID has acquired Brazilian certification body Sbcert, strengthening its position in livestock traceability and compliance.

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