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Turkey
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IMCD opens new Technical Centre in Türkiye to strengthen innovation support across multiple markets

IMCD opens new Technical Centre in Türkiye to strengthen innovation support across multiple markets

IMCD Group has officially opened a new Technical Centre in Istanbul, expanding its regional innovation and formulation capabilities across food and nutrition.

Funding & Investments
ETi Gıda acquires Trubar in $173m deal to accelerate global expansion

ETi Gıda acquires Trubar in $173m deal to accelerate global expansion

Trubar has been acquired by Turkish snack giant ETi Gıda in an all-cash transaction valued at $173 million.

Food
Trubar to be acquired by Turkish food group ETİ Gıda in $142m deal

Trubar to be acquired by Turkish food group ETİ Gıda in $142m deal

Candian plant-based snack company Trubar has entered into an agreement to be acquired by Turkish CPG company ETİ Gıda Sanayi ve Ticaret, for approximately CAD 201 million (approx. $142 million).

Food
JDE Peet’s sells Turkish tea unit, halts L’or barista rollout in US

JDE Peet’s sells Turkish tea unit, halts L’or barista rollout in US

JDE Peet’s has sold its tea business in Turkey to Efor Holding for an undisclosed sum. The business generated approximately €60 million...

Mergers & Acquisitions
PepsiCo's Frito-Lay fined $36m for breaching antitrust regulations in Turkey

PepsiCo's Frito-Lay fined $36m for breaching antitrust regulations in Turkey

PepsiCo subsidiary Frito-Lay has been fined approximately 1.3 billion Turkish lira (approx. $36 million).

Food
Lallemand makes strategic investment in Turkish enzyme company Livzym

Lallemand makes strategic investment in Turkish enzyme company Livzym

Through its Swiss affiliate Danstar Ferment dairy culture specialist Lallemand has completed an equity investment in Livzym Biotechnologies.

Dairy
Butterball to invest $8.7m in turkey processing facilities

Butterball to invest $8.7m in turkey processing facilities

US turkey producer Butterball is investing a total of $8.7m at two processing facilities in Northwest Arkansas, with plans to create 360 new jobs.

Meat
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