Having received the necessary regulatory clearances, Diageo has completed its £1.3 billion acquisition of Mey Icki, the leading spirits company inTurkey. In the financial year ended 31 December 2010 Mey
Tag "acquisition"
Frutarom Industries has strengthened its position within the international flavours and specialty fine ingredients market with the acquisition of UK-based Aromco for $25m (£15m) in cash. The deal marks Frutarom’s
SABMiller has made a hostile move to acquire Foster’s after its initial offer was rejected by the Australian brewer’s board. SABMiller first approached Foster’s on June 20th 2011 with a
Archer Daniels Midland Company is taking another important step in the expansion of its oilseed processing, food manufacturing and biodiesel capabilities by purchasing a majority share of Elstar Oils. A
SABMiller is reported to be planning to renew its efforts to acquire Australian brewer Foster’s. Foster’s is due to report a major fall in brewing profits when it announces its
Heineken has completed the acquisitions of the Bedele and Harar breweries from the government of the Federal Democratic Republic of Ethiopia for $85m and $78m respectively. The transactions follow Heineken’s
Unilever has sold its Ragu and Chicken Tonight sauce brands in theUKandIrelandto Symington’s, the Leeds-based convenience food company. Although the price of the deal was undisclosed, it is throught to
London-based Young & Co has exited brewing after selling its 40% shareholding in Wells & Young’s Brewing Company to Charles Wells, the English regional brewer and pub operator, for £15.1m.
Valeo Foods has reached agreement to acquire rival Irish foods business Jacob Fruitfield Food Group for an undisclosed consideration. The deal is subject to regulatory approval. Valeo was formed
Danone is acquiring Wockhardt Group’s nutrition business for Eur250m to enter the baby nutrition and medical nutrition markets in India. Danone is purchasing Wockhardt’s nutrition business and brands as well
Pivovarna Lasko, the largest drinks producer in Slovenia, has sold Fructal Lasko, its fruit juice business, for Eur35.3m to Nectar, Serbia’s biggest soft drinks and jam manufacturer. The disposal
Princes Group, which is owned by Mitsubishi Corporation, has completed the £182m acquisition of Premier Foods’ East Anglian canning operations to extend its presence in the UK ambient foods market.
Greene King has beaten fellow UK regional brewer Fuller, Smith & Turner to acquire the Capital Pub Company for £70m. The deal is in line with Greene King’s focus on
UK dairy group Dairy Crest has strengthened its spreads business with the £13m acquisition of MH Foods, which manufactures healthy ‘one calorie’ spray cooking oils and salad dressings. “It has
Nestle Health Science has acquired a minority stake in Vital Foods, a New Zealand-based company that specialises in the development of kiwifruit-based solutions for gastrointestinal conditions. The terms of the
Kerry Group, the Irish and international ingredients, flavours and consumer foods group, is in exclusive discussion with Cargill regarding the acquisition of the US giant’s global flavours business. Cargill Flavor
Greencore has made a recommended £113m cash offer for Uniq to significantly strengthen its position within the UK convenience foods market, chiefly within the food to go and chilled desserts
Arla Foods is preparing to strengthen its position in Germany after making an offer to purchase southern German dairy company Allgauland-Kasereien, which is in financial difficulty. The next step in
Barry Callebaut, the global manufacturer of cocoa and chocolate products, is selling its European consumer business Stollwerck to the Belgian Baronie Group for an undisclosed price. The deal comprises the
French dairy group Lactalis had secured 83.3% of Parmalat, Italy’s biggest listed food group, at the conclusion of its Eur2.5b buyout offer. Lactalis is famous for its President Camembert cheese
Ian Macleod Distillers, the independent, family-owned Scotch whisky distiller, blender and bottler has purchased Tamdhu distillery in Speyside from the Edrington Group for an undisclosed price. Established in 1897, Tamdhu’s
Premier Foods, the UK’s largest domestic food processor, and Princes, the British food and drink company owned by Mitsubishi, are to dispose of the Fray Bentos brand. The move is
Provexis, the life-science business that discovers, develops and licenses scientifically-proven functional food, medical food and dietary supplement technologies, has agreed
Foster’s Group, the largest brewer in Australia, has rejected an unsolicited A$11.2b (Eur8.3b) acquisition approach from SABMiller. The proposal to
UK dairy group Dairy Crest is reported to planning to move into the £1.2b yoghurt market either through developing its
Origin Enterprises, the Dublin-based international agri-services group with strategic investments in consumer foods and marine proteins and oils, is acquiring
Nestle has agreed to acquire the business of Centroproizvod Company, a leading food and beverage producer in Serbia, for an
A £53.8m offer by Fuller, Smith & Turner, the London-based regional brewer and pub owner, for the Capital Pub Company
Lactalis, the French dairy group, has been given clearance by the European Commission for its Eur3.4b bid to acquire the
Swiss dairy company Emmi is acquiring A-27, an Italian company which produces and distributes high-quality dessert specialities, for an undisclosed
Dairy co-operative First Milk has purchased Kingdom Cheese and Kingdom Dairies, both based in Fife in Scotland, in a move
Northern Ireland-based SHS Group has expanded into the cordials and squash market after acquiring a majority shareholding in Bottlegreen Holdings
The European Bank for Reconstruction and Development has invested Eur10m to acquire a minority stake in Hlebprom, a leading Russian
Private equity firm Blackstone Group is in exclusive talks to acquire Tangerine Confectionery, the largest manufacturer of sugar confectionery and branded
Heineken is reported to be considering making an offer to acquire Primo Schincariol Industria de Cervejas Refrigerantes, the second largest
Nestle Waters is expanding its portfolio of bottled water to include high quality iced teas, lemonades and juices through acquisition.
DuPont, the global science group, has increased the price of its tender offer to acquire all of the outstanding shares
Swiss food group Orior, through its Fredag subsidiary, has acquired Bernatur, the leading tofu producer in Switzerland, for an undisclosed
The European Commission has cleared Cargill’s acquisition of KG Kakao Verarbeitung Berlin (KVB), an integrated chocolate company based in Germany,
Gumlink of Denmark has strengthened its leading position in the global nutraceutical chewing gum market by acquiring a 50% stake
UK regional brewer and pub operator Greene King has completed the £53.1m acquisition of Realpubs in line with its strategy
French dairy group Lactalis, which already owns 29% of Parmalat, has made a Eur3.38b offer for the remaining shares in
Zetar, the UK confectionery and snack foods company, has acquired Derwent Lynton for a maximum consideration of up to £0.8m.
Nestle has taken a 60% stake in Chinese food company Yinlu Foods Group for an undisclosed price. Family-owned Yinlu is
English Midlands-based Bakery Products has acquired Woodhead Bakery and 11 of its retail outlets from the administrators. Bakery Products is
Evolva, the Swiss pharmaceutical group, is expanding its innovative nutritional ingredients portfolio with the acquisition of R&D partner Abunda Nutrition,
Boparan Holdings has started the process of delisting Northern Foods’ shares from the London Stock Exchange after its £340m offer
US-based snacks group Diamond Foods is acquiring the Pringles business from Procter & Gamble in a deal worth $2.35b. Pringles
The European Commission has cleared the proposed acquisition of Hansa-Milch by Arla Food. After examining the operations of the two
The Provimi Group, a world leader in animal nutrition, is selling its pet food business, Provimi Pet Food, to private
Boparan Holdings, which incorporates the 2 Sisters poultry group, is nearing completion of its £342 million acquisition of Northern Foods.
French privately owned dairy group Lactalis, which is the world’s largest cheese manufacturer, has increased its shareholding in Parmalat, the
US-based food group General Mills has entered into exclusive negotiations with PAI Partners and Sodiaal to purchase a 50% stake
Boparan Holdings, which incorporates the 2 Sisters poultry group, now controls 70% of Northern Foods, one of the UK’s leading convenience food processors, following
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