Bunge acquires stake in Brazilian grains and inputs supplier Agrofel Grains

BRAZIL – Global agribusiness company, Bunge has entered into an agreement to acquire 30% stake in a Brazilian-grain sourcing business, Agrofel Grains and Inputs. Agrofel sells agricultural supplies in the southern state of Rio Grande […]

Advent International to acquire majority stake in snack producer DFM Foods

INDIA – US based private equity firm, Advent International has agreed to acquire up to 68% stake in Indian snack food producer DFM Foods for around Rs851.6 crore (US$119m) in an all-cash deal. Under the […]

Utz Quality Foods to acquire Conagra’s DSD snacks business

USA – Utz Quality Foods has secured a deal with packaged good company, Conagra Brands to acquire its direct-store delivery (DSD) snacks business. The transaction includes the Tim’s Cascade Snacks, Hawaiian Snacks, Erin’s, Snyder of Berlin […]

AAK snaps majority stake in lecithin producer Soya International

UK – Specialty ingredients supplier, AAK has acquired 80 percent shareholding in Soya International to expand its ingredient portfolio with speciality lecithins. Soya International focuses on the sourcing, processing and distribution of semi-specialty and speciality […]

McDonald’s to acquire AI firm Apprente to expand its tech capabilities

USA – McDonald’s has secured an agreement to acquire California based tech firm Apprente, to enable the company expand its tech capabilities in the growing fast-food sector. Apprente develops voiced-based conversational technology powered by artificial […]

Berlin Packaging acquires Dutch manufacturer Vincap & Adolfse

NETHERLAND -Berlin Packaging has acquired Netherlands-based Vincap & Adolfse Packaging for an undisclosed sum to expand its footprint in the European market. Vincap & Adolfse brings extensive experience in food and beverage closures and pharmaceutical […]

Coffee Day group to sell promoter stake in Sical Logistics

INDIA – Coffee Day Enterprises Ltd (CDEL), the holding company of Coffee Day Group has unveiled plans of selling its entire promoter stake in Sical Logistics as the company seeks to refinance its existing debt. […]

Centerbridge acquires packaging firm Solidus Solutions for US$364m

EUROPE – Centerbridge Partners, a New York based private equity firm has completed the acquisition of fibre-based packaging producer Solidus Solution from Aurelius for €330m (US$364.29m) Solidus Solutions was formed after the private equity firm, […]

DuPont spins off Sustainable Solutions business, announces new board

USA – Specialty chemicals maker, DuPont has announced the creation of DuPont Sustainable Solutions (DSS) unit as an independent global operations management consulting firm. The new company, DSS, will provide enhanced solutions that enable clients […]