Constellation Brands revises wine and spirits divestment deal to US$1.1bn

USA – Constellation Brands together with E. & J. Gallo Winery have agreed to revise their original deal in which the Corona beer maker is seeking to sell about 30 wines and spirits brands to approximately US$1.1 billion. […]

Delivery Hero forms strategic partnership with Woowa in a US$4bn deal

GERMANY – German online food ordering and delivery marketplaces, Delivery Hero has signed an agreement to form a strategic partnership with South Korea’s leading online food delivery platform, Woowa Brothers Corp. in a US$4 billion […]

Moët Hennessy acquires majority stake in Château d’Esclans Côtes-de-Provence

FRANCE – Moët Hennessy, the wine and spirits division of French conglomerate LVMH, has acquired a 55% majority stake in Château d’Esclans, the leading Provence Rosé in the American market. Moët will acquire 50% ownership […]

Constellation Brands sells Ballast Point to Kings & Convicts Brewing

USA – Constellation Brands, America’s third-largest beer company, has agreed to sell Ballast Point brand and a number of its associated production facilities and brewpubs to Chicago-based Kings & Convicts Brewing Co. Constellation Brands acquired […]

PepsiCo to acquire US better-for-you snacks maker BFY Brands

USA – PepsiCo has entered into an agreement to acquire PopCorners and Rice Rounds snacks maker BFY Brands as the company seeks to expand its snacking portfolio. BFY produces the better-for-you snacks at it manufacturing […]

Hostess Brands to acquire Canadian cookie company Voortman for US$320m

USA – Hostess Brands has entered into an agreement to acquire Voortman, a Canadian maker of cookies and wafers, from Swander Pace Capital for approximately US$320 million (C$425 million). Hostess believes that the acquisition of […]

Royal De Heus to acquire ADM’s Spanish compound feed plant

SPAIN – Dutch animal nutrition company, Royal De Heus has signed an agreement to acquire Evialis Galicia, a Spanish compound feed plant owned by Archer Daniels Midland Company (ADM). With a volume of more than […]

China’s food processing giant COFCO offers to acquire Agri-Industries Holdings for US$1.1bn

CHINA – State-owned food processing holding company, COFCO has unveiled plans of privatizing its Hong Kong listed unit, China Agri-Industries Holdings as it looks to pursue a flexible development strategy. COFCO has tabled a HK$8.9 […]

Wilbur-Ellis acquires Nachurs Alpine to expand agricultural product offerings in North America

USA – Wilbur-Ellis, a leading international marketer and distributor of agricultural products and animal nutrients has acquired North American specialty liquids chemical manufacturer, Nachurs Alpine Solutions (NAS). NAS has diversified operations organized into six business […]

German confectioner Katjes International acquires majority stake in Candy Kittens

UK – Katjes International, a German confectionery group has increased its investment in UK sweets brand Candy Kittens in a deal that will see Katjes become the major shareholder in the company. Founded in 2012, […]