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Tag "acquisition"

Muller to Acquire Robert Wiseman Dairies For £279.5 Million

    Muller to Acquire Robert Wiseman Dairies For £279.5 Million

Muller Dairy (UK) has made a £279.5 million recommended cash offer for Robert Wiseman Dairies and has effectively acquired almost 55% of its shares. Operating from six major processing dairies

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Barry Callebaut Acquires Spanish Company La Morella Nuts

    Barry Callebaut Acquires Spanish Company La Morella Nuts

Barry Callebaut, the world’s leading manufacturer of high-quality cocoa and chocolate products, is acquiring privately owned Spanish nut manufacturer La Morella Nuts. La Morella Nuts is known as a leading

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Lactalis Closes in on Swedish Acquisition

    Lactalis Closes in on Swedish Acquisition

The board of Swedish dairy co-operative Skanemejerier has agreed to pursue sale talks with Lactalis. Approval was required to change Skanemejerier’s co-operative status. The acquisition of Skanemejerier, which has annual

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Diageo Completes $225 Million Acquisition of Ethiopian Brewer

    Diageo Completes $225 Million Acquisition of Ethiopian Brewer

Diageo has completed the acquisition of Meta Brewery, a leading beer company in Ethiopia, for a cash consideration of $225 million, subject to customary post completion adjustments. The acquisition concludes

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Tangerine Confectionery Expands Portfolio

    Tangerine Confectionery Expands Portfolio

Tangerine Confectionery, the UK’s largest independent sugar confectionery and branded popcorn supplier, has strengthened its portfolio with the acquisition of Smith Kendon Travel Sweets and Yorks Fruits, two of Britain’s

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Frutarom Extends Savoury Flavours Business With British Acquisition

    Frutarom Extends Savoury Flavours Business With British Acquisition

Global flavours and fine ingredients group Frutarom Industries is acquiring British company Savoury Flavours (Holding) and its subsidiaries (SFL) for $5.9 million (£3.8 million). Founded in 1999, SFL develops, manufactures, and

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Sara Lee Strengthens its International Beverages Business

    Sara Lee Strengthens its International Beverages Business

Sara Lee has acquired Tea Forte, a US-based leader in the ultra-premium tea category, for an undisclosed sum. The deal is in line with Sara Lee’s plans to divide the

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Barentz Expands its UK Presence

Netherlands-based ingredients supplier Barentz Europe has acquired Forum Products of  the UK. The deal significantly expands Barentz’s market presence in the UK, adding a strong ingredient distributor position in the

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Vion Food Group Expands North American Ingredients Business

    Vion Food Group Expands North American Ingredients Business

The Netherlands-based Vion Food Group has strengthened its ingredients business with the acquisition of Eastman Gel in the US from the Eastman Kodak Company for an undisclosed amount. Eastman Gel

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Agthia Group Acquires Water Company in Turkey

    Agthia Group Acquires Water Company in Turkey

In line with its geographic expansion strategy, Agthia Group, one of the leading food and beverage companies in the UAE, has acquired Pelit Su, the Turkey-based spring water company. Pelit

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Unilever Completes Acquisition of Ingman Ice Cream

    Unilever Completes Acquisition of Ingman Ice Cream

Unilever has completed the acquisition of Ingman Ice Cream. The deal further strengthens Unilever’s competitive position in ice cream and is hghly complementary to Unilever’s existing portfolio of strong brands

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Total Produce Acquires 50% of Leading Dutch Fresh Produce Company

    Total Produce Acquires 50% of Leading Dutch Fresh Produce Company

Total Produce plc, Europe’s leading fresh produce company, is to acquire 50% of Frankort & Koning Beheer Venlo and subsidiaries for up to Eur15 million. Headquartered inVenlo, the Netherlands, Frankort &

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Beam Enters Irish Whiskey Market With $95 Million Acquisition of Cooley Distillery

    Beam Enters Irish Whiskey Market With $95 Million Acquisition of Cooley Distillery

Beam, the US-based international spirits group, is entering the fast growing Irish whiskey category with the purchase of Cooley Distillery in Ireland. The purchase price for Cooley, the industry’s only

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Heineken and Coca-Cola Hellenic Increase Stake in Pivara Skopje

    Heineken and Coca-Cola Hellenic Increase Stake in Pivara Skopje

Heineken and Coca-Cola Hellenic have acquired 41.2% of the minority shares in their joint venture company, Pivara Skopje, in the Former Yugoslav Republic of Macedonia (FYROM) for €79.1 million (excluding

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Heineken to Increase Stake in Haitian Brewer

    Heineken to Increase Stake in Haitian Brewer

Heineken intends to increase its shareholding in Brasserie Nationale d’Haiti (Brana), the country’s leading brewer, from 22.5% to 95%. The shares are currently owned by Brana’s management and private shareholders.

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Sara Lee to Acquire Dutch Cafe Store Leader

    Sara Lee to Acquire Dutch Cafe Store Leader

Sara Lee, the US-based food and beverage group, is acquiring CoffeeCompany, a leading Dutch cafe store operator. The acquisition will boost Sara Lee’s branding platform and strengthen its presence in

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Premier Foods Sells Brookes Avana to 2 Sisters For £30 Million

    Premier Foods Sells Brookes Avana to 2 Sisters For £30 Million

Premier Foods has agreed to sell its loss-making Brookes Avana business comprising of RF Brookes chilled foods and Avana Bakeries to 2 Sisters Food Group for £30 million in cash.

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Sara Lee Completes Sale of Fresh Bakery Business in Spain and Portugal to Grupo Bimbo

    Sara Lee Completes Sale of Fresh Bakery Business in Spain and Portugal to Grupo Bimbo

US-based food group Sara Lee has completed the Eur115 million sale of its fresh bakery business in Spain and Portugal to Mexico’s Grupo Bimbo. The agreement includes all Sara Lee

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R&R Ice Cream Acquires German Business

    R&R Ice Cream Acquires German Business

R&R Ice Cream, Europe’s largest own label ice cream manufacturer, has acquired Durigon Gelato of Germany for an undisclosed sum, subject to clearance from the German competition authority. Based at

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Lion Capital Purchases Cumbrian Seafoods

    Lion Capital Purchases Cumbrian Seafoods

Private equity firm Lion Capital, which owns Young’s Seafood, has expanded its UK fish and seafood interests with the acquisition of the customer contracts and equipment of Cumbrian Seafoods from

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Heineken Acquires UK Pub Business For £412 Million

    Heineken Acquires UK Pub Business For £412 Million

Heineken has acquired the Galaxy Pub Estate in the UK from The Royal Bank of Scotland for £412 million (€480 million) on a cash-and-debt-free basis. A further £10 million has

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Kerry Group Completes $230 Million Acquisition

    Kerry Group Completes $230 Million Acquisition

Kerry, the global ingredients, flavours and consumer foods group, has completed the acquisition of Cargill’s global flavours business. Cargill Flavor Systems with annual revenues of approximately $200 million was acquired

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Sara Lee Strengthens European Coffee Business

  Sara Lee Strengthens European Coffee Business

Sara Lee and its Norwegian joint venture partner, Kaffehuset Friele, have agreed to acquire the House of Coffee business, a

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ConAgra Foods Expands in India

  ConAgra Foods Expands in India

ConAgra Foods, one of North America’s leading food manufacturers, has become the majority owner of Indian food companyAgro Tech Foods,

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Tulip Expands in the UK

  Tulip Expands in the UK

Tulip has consolidated its position as the leading UK supplier of processed meat products following the acquisition of Parkam Foods

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SABMiller’s Acquisirion of Foster’s Approved

  SABMiller’s Acquisirion of Foster’s Approved

The Australian competition authority has approved SABMiller’s acquisition of Foster’s Group, the Austrialian brewer, and the 50% of soft drinks

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Cargill Completes €1.5 Billion Acquisition

  Cargill Completes €1.5 Billion Acquisition

Cargill, the US-based food, agricultural, financial and industrial products and services group, has completed the acquisition of Provimi, a global

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Baxters Acquires Fray Bentos

  Baxters Acquires Fray Bentos

Baxters Food Group, the Scottish soup and preserves manufacturer, has bought Fray Bentos for an undisclosed sum from Princes Group,

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Nestle Strengthens Food Service Business in Scandinavia and Finland

  Nestle Strengthens Food Service Business in Scandinavia and Finland

Nestle Professional, the Nestle business that supplies the food service out-of-home industry, is strengthening its portfolio with a new acquisition

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Lactalis Eyes Swedish Dairy Group

French dairy group Lactalis is reported to be in negotiations to acquire Skanemejerier, the Swedish dairy products and fruit juices

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Heineken and Coca-Cola Hellenic Extend Stake in Macedonian Joint Venture

  Heineken and Coca-Cola Hellenic Extend Stake in Macedonian Joint Venture

Heineken and Coca-Cola Hellenic are acquiring 41.2% of the shares in Pivara Skopje, their joint venture beverage company in the

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C&C Group Acquires Number Two US Cider Brand

  C&C Group Acquires Number Two US Cider Brand

UK and Irish beverages producer C&C Group has acquired Hornsby’s, the number two domestic US cider brand, from E &

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IDB Acquires US Cheese Ingredients Business

  IDB Acquires US Cheese Ingredients Business

The Irish Dairy Board has strengthened its presence in the US with the acquisition of Thiel Cheese & Ingredients for

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EU Approves Arla’s German Acquisition

  EU Approves Arla’s German Acquisition

The EU’s competition authorities have given the go-ahead for Arla Foods’ acquisition of Allgauland-Kasereien in Southern Germany. Allgauland-Kasereien will now

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Grupo Bimbo Completes Acquisition of Sara Lee’s North American Business

  Grupo Bimbo Completes Acquisition of Sara Lee’s North American Business

Grupo Bimbo has just completed the acquisition of Sara Lee’s fresh bakery business in North America. The deal, which has

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PepsiCo Expands in Brazil

  PepsiCo Expands in Brazil

Reflecting its strategy of expanding in emerging markets, PepsiCo is reported to have acquired Mabel, one of Brazil’s leading biscuit

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Dunbia Extends Pork Business

  Dunbia Extends Pork Business

British and Irish meat processor Dunbia has expanded its operations through the purchase of English pork business Heathfield Foods. The deal increases

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$2.4 Billion Pringles Acquisition Delayed

  $2.4 Billion Pringles Acquisition Delayed

US-based snack foods group Diamond Foods is delaying its acquisition of Pringles from Procter & Gamble. The $2.35 billion deal

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Coca-Cola Tightens Grip on North American Bottling

  Coca-Cola Tightens Grip on North American Bottling

The Coca-Cola Company is further tightening control over its North American bottling operations with the acquisition of Great Plains Coca-Cola

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Unilever Strengthens Russian Presence

  Unilever Strengthens Russian Presence

Unilever is expanding its presence in Russia and enhancing its personal care portfolio with the acquisition of 82% of Concern

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Tangerine Confectionery Expands Brands Portfolio

  Tangerine Confectionery Expands Brands Portfolio

Tangerine Confectionery, the largest UK-owned sugar confectionery and popcorn manufacturer, has acquired the Wham and Highland Toffee brands from Millar

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Unilever Expands Ice Cream Business

  Unilever Expands Ice Cream Business

Unilever is acquiring Ingman Ice Cream from Finnish dairy firm Ingman for an undisclosed sum. With units in Sipoo in

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Sara Lee to Sell Fresh Bakery Business in Spain and Portugal to Grupo Bimbo

  Sara Lee to Sell Fresh Bakery Business in Spain and Portugal to Grupo Bimbo

Sara Lee has agreed to sell its fresh bakery businesses in Spain and Portugal to Mexico’s Grupo Bimbo for €115

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Constellation Brands Takes Full Control of Italian Wine Company

  Constellation Brands Takes Full Control of Italian Wine Company

Constellation Brands, the world’s leading wine company, has purchased the remaining 50.1% of Ruffino from MPF International, an entity controlled

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Eden Springs Acquires Lithuanian Water Business

Europe’s leading water cooler supplier, Eden Springs, has acquired UAB Neptuno vandens pristatymas -Lithuania’s second biggest home and office delivery

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Wells and Young’s Acquires Scottish Beer Brands

  Wells and Young’s Acquires Scottish Beer Brands

The UK’s largest independent family brewery, Wells and Young’s, has purchased two famous Scottish beer brands – McEwan’s and Younger’s

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Kerry Group Acquiring Cargill’s Global Flavours Business For $230 Million

  Kerry Group Acquiring Cargill’s Global Flavours Business For $230 Million

Kerry Group, the global ingredients and flavours and consumer foods group, has agreed to acquire Cargill’s global flavours business for

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SABMiller Wins Foster’s

  SABMiller Wins Foster’s

As expected, SABMiller’s sweetened bid for Foster’s has been recommended by the Australian brewer’s board. The agreed proposal represents an

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Danone Enters Indian Infant Nutrition Market With €250 Million Deal

  Danone Enters Indian Infant Nutrition Market With €250 Million Deal

Danone is entering the baby nutrition and medical nutrition markets in India. The French food and beverage group has agreed

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Kerry Group to Expand its Sweet Ingredients and Flavours Business

  Kerry Group to Expand its Sweet Ingredients and Flavours Business

Kerry, the global ingredients, flavours and consumer foods group, is acquiring SuCrest to significantly expanding its sweet ingredients and flavours

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R&R Ice Cream Expands With €27 Million French Acquisition

  R&R Ice Cream Expands With €27 Million French Acquisition

UK-based R&R Ice Cream has expanded its French business with the Eur27m acquisition of Pilpa, the ice cream division of

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Granarolo Strengthens Cheese Business

  Granarolo Strengthens Cheese Business

Italian dairy company Granarolo has strengthened its cheese business with the acquisition of Lat Bri for an undisclosed sum. With

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Diageo Completes Acquisition of Mey Icki

  Diageo Completes Acquisition of Mey Icki

Having received the necessary regulatory clearances, Diageo has completed its £1.3 billion acquisition of Mey Icki, the leading spirits company

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Frutarom Acquires Aromco For $25 Million

  Frutarom Acquires Aromco For $25 Million

Frutarom Industries has strengthened its position within the international flavours and specialty fine ingredients market with the acquisition of UK-based

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